Thursday, September 16, 2010
Nothing Easy
It would have been nice to get that gap up to sell into but this market has been giving up nothing easy on the short side. All the setups seem to be long ones unless one likes to catch down moves in the overnight market. I am receiving mixed signals so I will just wait. The market has already given up the reflex up move off better than expected jobless claims. Market looks exhausted on the upside.
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1 comment:
There were no surprises on the jobless claims. The next market mover is the Philadelphia Fed Survey which will be out at 10 am.
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