Wednesday, April 29, 2009

Expecting a bullish trend day

Gap up open right above DMA(5).

Resistance 866 and 874 on SPX.
Posted by at

2 comments:

  1. ShannonApril 29, 2009 at 9:54 AM

    Such a bad GDP, but MKT keep moves up. How to explain it ?

    ReplyDelete
  2. Pivot TrendApril 29, 2009 at 9:57 AM

    News is news. The thing matters to us is not why, but the reaction of market after news is out.

    You need to have a quick turn in your mind if market acts way different from what you expected.

    ReplyDelete

Subscribe to: Post Comments (Atom)