The SPY is still inline and financials look a bit stronger then the rest so they may have some additional room, but I still view it as an intraday event.
Thursday, December 8, 2011
Market Bounce Update
The possible bounce I mentioned earlier primarily based on the Q's not breaking yesterday's intraday lows, seems to be losing momentum.
DIA starting to go negative
QQQ going negative.
The SPY is still inline and financials look a bit stronger then the rest so they may have some additional room, but I still view it as an intraday event.
The SPY is still inline and financials look a bit stronger then the rest so they may have some additional room, but I still view it as an intraday event.
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