I have my original stop working on the DJ futures. If I1 does it's job it will not be touched. Stopping a freight train requires a lot of energy. That describes the stock market over the last couple of days. The market has to absorb all of the buying on the short-term dips and ratchet down. The SPX broke support this morning and now is burrowing back into it as resistance. The brown line is the 15-minute, 54-unit M/A. It holds until SPX goes .56% above it.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment