Tuesday, June 7, 2011

Quick look at the market

Got a nice little extension to the upside early, but we've rolled over a little bit. Breadth is still +1k and we are still positive.

This is not turnaround Tuesday here. In order for that have happened, we would have had to have weakness early followed by a bounce and rally later on. We have been green since the open, so a turnaround would be a drop later on. Right now, that would be fighting against the tide, so unless there is a shift, the bulls still look like they are the boss, at least on the short term.

tiny

No comments:

Post a Comment