Well here we are two hours before the open and it looks like a firm open below DOW 7000. Man oh man the overseas market s are melting but if you not short already you are late t the party.
Watch 712 area as a possible support area, we just hit it minutes before 7 so I am not sure, next area to watch is 709 and 687 further down. 687 today would be an ugly day for the markets.
Today folks will be interested but you already knew this week would be as we called this last week on the blog.
Lets watch and see the action.
Be very very careful shorting here!!!!!!!!!
MARKETJEDI
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- Charlotte, NC, United States
- Bring real information to the average person about the Financial markets. I am a technical trader that uses alot of technical tools such as Fibonacci, Bollinger Bands, MACD, TRINS, VIX to read the markets
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