Well today will be interesting, why? Yesterday we made a nice recovery from the lows but the last hour especially the last 25 minutes the S&P sold off dramatically. Now we have to respect that we are oversold BUT that last hour of weakness makes me think the selling is still in progress.
So what do we look for today. Need to play both sides of the plate. I would look for the stock stock in the last couple of days for longs if we are strong and look for a test of yesterday lows if we look lower. I am looking at the March lows on the Nasdaq to be tested.
One more day till GOOGLE earnings - It will be exciting folks--
STAY TUNED
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