Friday, September 9, 2011
Action Cont'd
Next week could be ugly if we end the day like how we are training. I thought we would have gotten at least up to 1210 but I guess 1203 was all she got, which signals weakness to me.
Action
Very weak action hear so far- we got initial support @ 1154 on the S&P but we look like we can get better support @ 1144.50.
Market very weak here but I am assuming it is again news out of Greece once again.
Thursday, September 8, 2011
Listening Bernanke
Essentially saying we got it wrong at the FED and our forecast for optimism at the June meeting has been lessened
Bernanke
except of his speechto be presented out- Market doesn't like it and we looking at session lows-
Still Higher
Still think we tread higher. I am not convinced we crash and burn here - Daily pattern looks overall bearish but looks like a corrective more will push up higher first. I could be wrong but playing what I see-
GOOG looks like it wants 550-565
Rollover today
Also today is contract rollover on the indices so this might cause a little hiccup in the market trading today
Subscribe to:
Posts (Atom)
