It’s getting a familiar. The intraday technicals look like garbage. The eMinis go down some, but stop. Then rally late. The market is clearly deteriorating internally, but it’s just not “TIME” to go down yet. For all the reasons we outlined on Saturday here. A few months ago (somewhere in the archives) is a day [...]
Noticing A Pattern?
July 29th, 2009 · 4 Comments
Tags: General Market Commentary · S&P 500
Who Loves Ya?
July 29th, 2009 · No Comments
Yesterday we wrote. “Oil may take the cue from gold, in which case we’ll see both now turn lower for the next swing move..” Oil dropped $4.42 today. click chart to enlarge
Tags: Crude Oil
Watch the Volume
July 29th, 2009 · 3 Comments
The intraday volume oscillator has an important message now.