Open update:
We get the push up but the bond bid stalls ES at 38.2% of the entire correction (1447.75). Financials are down, but techs are strong. Watch those gaps and remember that we are still potentially in a bear market (SPX 10 month ma?).
Good story by Todd Harrison, the only worthwhile read at the awful (from a trader's perspective) CBS MW site.
We get the push up but the bond bid stalls ES at 38.2% of the entire correction (1447.75). Financials are down, but techs are strong. Watch those gaps and remember that we are still potentially in a bear market (SPX 10 month ma?).
Good story by Todd Harrison, the only worthwhile read at the awful (from a trader's perspective) CBS MW site.
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on Wednesday, August 29, 2007 at 8/29/2007 10:02:00 AM.
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