Noon update:
The first of the month trade is not playing out like many traders banked on.
SPX needs to hold 1380, 50 dma and trendline. I doubt we lose that level today, there is too much economic data coming this week. Nevertheless, put it on your radar.
ISE equity has dropped down to the low 100's, signaling a sudden increase in bearish sentiment.
The first of the month trade is not playing out like many traders banked on.
SPX needs to hold 1380, 50 dma and trendline. I doubt we lose that level today, there is too much economic data coming this week. Nevertheless, put it on your radar.
ISE equity has dropped down to the low 100's, signaling a sudden increase in bearish sentiment.
This entry was posted
on Monday, June 02, 2008 at 6/02/2008 12:12:00 PM.
You can skip to the end and leave a response.
» Post a Comment