Friday, March 05, 2010

Friday Demolition Derby

Just a quick comment cleaner, as I’m running behind today and missed most of the opening session.  VIX has lost gap support, and next support is in the 16.86 zone.  Keep an eye on GDX and/or GLD for any possible stumble.  Other than that, many trend lines I’ve shown are kaput now, and I have no idea where this will end, but there are also bullish embedded stochastics galore in different time frames, so be careful trying to slay this dragon today.  Don’t forget Consumer Credit figures will be announced at 3:00 PM.  Good trading TTWrs.. hang in there!



blog comments OCCASIONALLY powered by Disqus