With the S&P Futures down 18 points, those lows are in danger of falling. This would not bode well for the market.
A
Monday, May 24, 2010
SPY and overnight trading
I don't usually post this late at night, but, it looks like the lows from last Friday are in danger of being taken out if the overnight weakness carries over to Tuesday morning. Here is the SPY 60 minute chart as it closed on Monday:
With the S&P Futures down 18 points, those lows are in danger of falling. This would not bode well for the market.
A
With the S&P Futures down 18 points, those lows are in danger of falling. This would not bode well for the market.
A
