Morning update (3);
ES moves past overnight highs, now at 1204. XLF took a big jump, up 3.67% and the Q's are above the key 42.24 level. It is still early in the day, but reversal Tuesday is in full swing. AD lines have improved dramatically (-2100 to -900). I would not play the short side anymore, other than scalps.. However, bulls are not out of the woods until we see what happens at the close.
ES moves past overnight highs, now at 1204. XLF took a big jump, up 3.67% and the Q's are above the key 42.24 level. It is still early in the day, but reversal Tuesday is in full swing. AD lines have improved dramatically (-2100 to -900). I would not play the short side anymore, other than scalps.. However, bulls are not out of the woods until we see what happens at the close.
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on Tuesday, September 16, 2008 at 9/16/2008 11:02:00 AM.
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