Friday, August 26, 2011

Very Early Market Update

The response to Bernanke's speech hasn't been that bad, it's worth remembering the last FOMC meeting, the FOMC sounded like they admitted failure and din't give the market anything it expected, the market did go on to rally from there, so keep your eyes open.

 DIA 1min

 IWM 1 min

 QQQ 1min

SPY 1 min

Short term positive signals

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