Friday, July 10, 2009
Thursday, July 9, 2009
Market thoughts for July 9
Everything lined up for an up day today
Estimated ES range today is 893-875
Estimated ES range today is 893-875
Wednesday, July 8, 2009
Market thoughts for July 8
Expecting an up day today.
ES should rally from 880's to 900's, and TF from 480's to 495's in the next couple of days
ES should rally from 880's to 900's, and TF from 480's to 495's in the next couple of days
Tuesday, July 7, 2009
Market thoughts for July 7
Today look for an early morning weakness and then a strong closed by the end of the day
Ideal reversal levels for the ES is around 884-887's area
Ideal reversal levels for the ES is around 884-887's area
Monday, July 6, 2009
Market thoughts for July 6
ES should find support at the 882-885's area, look for a rally back above the 900's area in the next 2 days
Thursday, July 2, 2009
Market thoughts for July 2
Given today's trend day decline, SPX will likely revisit the lower end of the trading range at 880 and can go as low as 860's by mid July before consolidating and make another rally attempt to the 940's-950's area by early Aug.
Wednesday, July 1, 2009
Market thoughts for July 1
Market held important support yesterday and will attempt to break current ST resistance either today or tomorrow on its way to the SPX 950's area as stated in the previous post
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