Look no further then the Dow-30
I'm not prepared to say the Dow can't close above $13k, it would make for a nice bull trap on limit orders tomorrow morning, but the action around the area is clearly not very enthusiastic.
Tuesday, February 21, 2012
Second Verse Same as the First
In case you were wondering why the Russell 2k just went negative on the day and the other averages just saw a min-parabolic dump....
IWM now negative on the day...
QQQ a clear under performer as well.
And the SPY breaking intraday support...
Look no further then the Dow-30
The second attempt to break 13k has failed and with even less volume this time.
I'm not prepared to say the Dow can't close above $13k, it would make for a nice bull trap on limit orders tomorrow morning, but the action around the area is clearly not very enthusiastic.
Look no further then the Dow-30
I'm not prepared to say the Dow can't close above $13k, it would make for a nice bull trap on limit orders tomorrow morning, but the action around the area is clearly not very enthusiastic.
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