Day ttrading S&P 500 bottom side consolidation looking for the fall
Will support hold on the S&P 500?
Looks like the channel is an area of support, buyer numbers are dwindling, what is the incentive to get in here?
Will support hold on the S&P 500?
Looks like the channel is an area of support, buyer numbers are dwindling, what is the incentive to get in here?
Markets could rally a bit more if the Asian markets rally in the after hours.
Lots of pressure with Eastern Europe going bankrupt, expecting to see the Euro move down and GBP down ward pressure.
Got to get over the 745 Resistance to make a start on a multi month move.
Universal Health care is a benefit bestowed upon a nations citizens when the economic environment is good.
The first two nails in the economic coffin of Real Estate and Banking (including financials) have already been driven in firmly. If we add to that Universal Health Care, Bonds, Insurance and Financial Derivatives, this year looks like it could drive our recession further.
How long will the Dollar hold and Deflation work to our benefit? This is the point of accelerated declines in the market.
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