Thursday, June 11, 2009

Tomorrow

The market has dropped as low as 939 as I write this. Tomorrow I am going to lean on support near 936. If the market can hold there I think it will resume its move to 965-80. Significant volume below 936 will mean that a visit to 918 or 903 lies ahead.

1 comment:

Arun said...

Carl, Thanks for your time sharing your analysis. I would like to know how to tell whether those high volume bars as long or short positions. Just curious...