Thursday, February 24, 2011
Lower
I think we head lower today. Signal was the break of 1306 yesterday. Target is 1284 with a minor reflection @ 1289
Hour in
Market moves around the flat line. Kind of in no man's land here. I guess the bounce was short lived but it is pretty early
Futures
Futures all are positive. I guess they bought it up before the open, that's why the professionals always ahead of the crowd. The little guys can't trade before 9:30 :)
Gap down
It is only 7:30 but if we still trading here on the futures at the open we have a buy able gap down.
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