Yet another day in April where the entire move up was in the premarket and the regular session was either flat or negative. This bounce has been a complete failure at this moments as all 6 points gained in the premarket... and then some, have faded away. I continue to keep an eye on S&P 1307 as last support; the 50 day exponential moving average.
The 50 day simple moving average of 1315 has been broken 2 days in a row now.
Wednesday, April 13, 2011
Fail.
Posted by
Mark
at
1:16 PM
Fail.
2011-04-13T13:16:00-04:00
Mark
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Fail.
2011-04-13T13:16:00-04:00
Mark
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