Thursday, July 8, 2010

Support note broken, actually tested mutliple times

This could be bad news for the bears, new support around 1058 seems to be holding.

Below is from earlier in the morning.

On the daily, the gap was filled and looked like shooting candle.  Now it is more like a fat doji, which probably means nothing. 

Volume is quite low.

Opex is next week, Friday will setup up for Opex week of which M,Tu, W are the big mover days.  

And for the Astro freaks, there is a new moon and an eclipse this weekend.   Those freak people out.

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Insightful and Useful Comment!