Tuesday, November 9, 2010

11/09/2010 After Bell Quick Summary

The bottom line, the short-term trend is down (Really? Is this a typo?), I hold no position overnight.

One day doesn’t make a trend so whether this is yet another dip buying opportunity or something finally different this time, we’ll have to wait until tomorrow. For now, the chart sits right on the post FOMC gap support.

SPY15min

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