This is likely to be a short term floor of support for the market to bounce off intraday, a break below this level will be extremely bearish. The fact two days of rally have been erased in an hour of opening trade is quite bearish.
Wednesday, November 9, 2011
SPY/DIA retraement complete
This is likely to be a short term floor of support for the market to bounce off intraday, a break below this level will be extremely bearish. The fact two days of rally have been erased in an hour of opening trade is quite bearish.
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