Tuesday, September 28, 2010

9/28 1:05

The chart of the day for the stock market is the SP futures hourly, which shows the bottom (sky blue) and the retracement to the 30-minute M/A (dark blue).  I expected a smaller retracement but this support is still potent.
Everybody expects POMO at 2:00.  A surprise downside reversal would shift a lot of positions.

No comments:

Post a Comment