Open:
As expected they try and hold things up as much as they can, but YM is finding resistance at its 5 dma (now 14033). ES 1557.25 is important for bulls to hold. The SOX and financials were up briefly, but they will get dragged down with the rest if we put in a top.
AAPL is a standout, now at 141.33.
All in all, I would be very suprised if the DOW does not correct to 13700 in the coming days.
As expected they try and hold things up as much as they can, but YM is finding resistance at its 5 dma (now 14033). ES 1557.25 is important for bulls to hold. The SOX and financials were up briefly, but they will get dragged down with the rest if we put in a top.
AAPL is a standout, now at 141.33.
All in all, I would be very suprised if the DOW does not correct to 13700 in the coming days.
This entry was posted
on Friday, July 20, 2007 at 7/20/2007 09:42:00 AM.
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