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Head and Shoulders on the futures
Posted on February 25, 2010 at 8:59am —
S&P Futures Testing Resistance
/esh0 has rallied back to 1100 resistance this morning after the initial knee jerk reaction from the Fed's actions. 1100 is basically the line in the sand for the bulls. If we can get above it this market is most likely buyable on this gap down, but if we fail to get above it, there is probably more down side to come.
The first 15 minutes after the open today will most likely be chaotic and tough to trade, and we need to be prudent during this time. We feel that this market w
Posted on February 19, 2010 at 8:31am —
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