Tuesday, September 20, 2011

So much for the gap down

The market shook off the Italy downgrade, which isn't a real surprise, and the market is gaping UP instead of down to start the session.

I'm looking to fade it, but will watch to see how it holds as it is day 1 of the FOMC meeting, and as stated yesterday, there is a bullish tendency into the announcement , set for tomorrow

tiny

No comments:

Post a Comment