Tuesday, April 7, 2009

4/7 - Market Analysis

SPX


SPY - closing window


QQQQ - support going to hold?


RKH - light volume pullback


HEAT - nothing safe


Analysis: i have to maintain my stance that this week is not going to be fun...its annoying but with this shortened week and overbought environment, we will most likely keep drifting sideways here and keep support from the gap window...unless we rally huge past resistance or fall huge past support, i figure there won't be many great trading opportunites til next week...perfect week for golf...

No comments: