Monday, November 21, 2011

futures closed

Futures closed @ exactly 1190

1190

45 minutes to go the bulls trying hard to close this above 1190 to save that pattern- we will see soon enough if they can make it happen. It is Critical

1190-

1190 here - let see if we get a dip below to around 1185 and set up a bounce

Overnight -Pre market

We almost hit the 1190 level I spoke about in the post last night- we hit 1191.50 on the S&P futures and some might call this a hit. For me it must be tested in the regular trading hours but the market often does do what we want it to do. As I have been saying most the the market moves are being down outside of regular market hours because everything is computer traded right now and that leaves the regular guy out of the action. We will see what today brings, remember it is a holiday week and more than likely volume will start getting lower as we trade into tomorrow.