Tuesday, August 9, 2011

Just got back

A few weeks ago I made an appointment for today, because well, it was the FOMC meeting and I figured it was going to be a dull day. I was reminded of my appointment last night at 11:30 when I fired up my outlook. Too late to cancel, and while I should have been back by 10, it ran over.

Nice "contracted' range today comapred to the last week or so, but still some nice setups.

From here, we can continue to form the day's range into the FOMC announcement at
2:15, but then? we might see some renewed fireworsk dependign on what is said.

Short term suport is 1131 and reistance is high of day.

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