Wednesday, February 25, 2009

Intra-day 15mins chart of S&P

2/25/09

Look like the market does not like President's last night speech. S&P got trouble on 780 resistance zone. Downtrend is still intact, folks. Unless we close high ground today since it is morning trading hours now when I write this blog. However, due to the magnitude that market retrace from yesterday gains, I do not like it much. Retest 741-745 again today??! Very possible.

No comments: