Thursday, October 29, 2009

Not Much of a GDP Bounce

If we're not able to get above 1060 before breaking yest's lows, 1040ish, Bears will have a drool-worthy drop.
A break above 1060, and then 1072 would prime us for a trading range.

1 comment:

Aditya said...

A close below 1050 today would be a complete technical breakdown and lead to a quick August 07 style crash down to 980 in the next week or 2.