Monday, June 8, 2009

06/08/2009 After Bell Quick Summary

I don’t see much edge for either bulls or bears tomorrow. The sell off before the close may indicate a lower open tomorrow morning. Also since SPY still has 7 unfilled gaps, so, again, a gap up tomorrow, if any, if no higher than 95.67, most likely won’t hold.

SPY60min

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7 comments:

  1. TenteddiesJune 8, 2009 at 6:09 PM

    thanks!!

    ReplyDelete
  2. AnonymousJune 8, 2009 at 6:35 PM

    %spx:$cpce trendline broken today.

    ReplyDelete
  3. CobraJune 8, 2009 at 6:42 PM

    Not very convincing. Stockcharts has intraday data error for CPCE, it only gets fixed after 7:30pm ET. The actual reading now, should be 0.76, just barely broke the trendline, so not very convincing.

    ReplyDelete
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    ReplyDelete
  5. Dave NarbyJune 8, 2009 at 6:59 PM

    Pretty sure JPM is done with their secondary offering... But they're still gunning the market (actually just supporting today and last Friday).

    Would be interested in what the institutions are up to... ; )

    ReplyDelete
  6. CobraJune 8, 2009 at 7:00 PM

    Still in accumulation. I'll post it once I see something interesting happening.

    ReplyDelete
  7. AnonymousJune 8, 2009 at 7:59 PM

    That $cpce data error on stockcharts is really bad. Thanks for the heads up.

    ReplyDelete