$tick distribution currently favours the bears..but it's also making a lower low...we could see recovery later in the session. In addition, large cap indices (SPX500 and Dow30) are showing less weakness than tech (NDQ) and small cap (russell) indices. Usually this is a sign that we may be seeing a sector rotation and the market will eventually return to the trading range. So bulls shouldn't give up yet.
IMHO, if we see index green before 11PST, we could see RED again later. a seesaw day.
Finance is strong today. if FAZ can drop below 5.2 before 11PST, I will buy in for DT again.
Thank you. Seems that we are living at the same time zone!
Haha, CM/Cobra the laoda here, not me
IMHO, if we see index green before 11PST, we could see RED again later. a seesaw day.
Finance is strong today. if FAZ can drop below 5.2 before 11PST, I w ...
dara 发表于 2009-6-23 11:38