Thursday, December 1, 2011
Volume
Volume is on the light side, as we are digesting yesterday's big move and tomm is Jobs report day.
More of a yellow day rather than green or red
Uh oh, that inspires me!
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More of a yellow day rather than green or red
Uh oh, that inspires me!
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Two way action
As expected, two way trading action is the name of the game here in the morning.
Job numbers are due out Friday pre-market so we may not see much directional movement on the session, but if we do, it will likely be after lunch.
Of course, there's now some rattling about German Chancellor Angela Merkel taking a firm stance, etc., so Europe is still a wild card, which shouldn't be that surprising, should it?
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Job numbers are due out Friday pre-market so we may not see much directional movement on the session, but if we do, it will likely be after lunch.
Of course, there's now some rattling about German Chancellor Angela Merkel taking a firm stance, etc., so Europe is still a wild card, which shouldn't be that surprising, should it?
tiny
Numebrs due at 10AM
See if they provide a spike or 2
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The Gap fills
Wasn't a big one, but the gap got filled
Resistance above at 1248-149
basis the S&P futures
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Resistance above at 1248-149
basis the S&P futures
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1248
Overnight highs basis the S&P futures are 1248
breadth is flat
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breadth is flat
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Smal gap down
Small gap down to start today;s session.
Ill be watching for a fade opp.
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Ill be watching for a fade opp.
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