Friday, March 12, 2010
Market Feels Heavy Today
I can't put a finger on it, but the euphoria that we saw with the retail sales number contrasting with opening range breakdown from those higher levels smells like a selloff is right around the corner. I am looking for us to test 1139 and we'll probably save the real damage with a gap down on Monday. But I am sticking with the short side today. It looks like it wants to breakdown intraday.
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1 comment:
LONG MORE DRV @ 9.85
OD
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