Tuesday, October 2, 2007

Market Preparing For Sell Off

Greetings trading friends, It has been a busy last few weeks as the market has been trying to regain a footing since the Feds reduced the interest rates by .50%. With the way our Market Force Indicators are setting up we could ready to see the market pullback some over the coming days and exhibit weakness over the next 2 weeks or so. For today we want to watch for Key 1536.00 to be a pivot for the higher prices to sustain themselves for a while longer or pullback under that price. Trade below 1528.00 is especially going to be bearish. Just a brief[...]

Read More...

[Source: The Money Blogs]

No comments:

Post a Comment