We've had 2 days of light volume and calls of the typical quarter end 'tape painting' but it is what it is.
Tuesday, June 28, 2011
Carbon Copy
The moves between 1260s and 1290s on the S&P 500 have been remarkably consistent the past few weeks. The move the past session and a half is almost a perfect mimic of the 2 day rally we saw about 7 sessions ago. That one ended in the upper 1290s, and so far we are at the lower 1290s. All eyes remain on the 1300ish level.
We've had 2 days of light volume and calls of the typical quarter end 'tape painting' but it is what it is.
We've had 2 days of light volume and calls of the typical quarter end 'tape painting' but it is what it is.
