Friday, June 3, 2011

Interesting...

Maybe they did discount the NFP sufficiently? The DIA and SPY 1 min didn't drop to confirm the lows on the open and the market has moved up since, the Q's did drop but went positive almost immediately and have been climbing since.

Maybe they did discount the NFP and are simply fading retail right now.

 DIA 1

 QQQ 1

SPY 1

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