Wednesday, March 11, 2009

03.11.09 - Struggling under R1

The market has tacked on a bit and appears to be consolidating yesterday's gains. It's good to see follow through past the first hour, but SPY Floor Resistance of $73.60 proved difficult to breach, and we are now trading near the opening lows. The A-D and Cumulative Tick lines are marginally negative for the day, confirming the overhead difficulties in price, and it wouldn't surprise me to see us trade lower.

Reading: Quantifiable Edges/ 90% Days

Commentary from last night's ETF Rewind Pro "Dashboard":

Feature Addition - As an experiment, I've loaded chat functionality. Just click the "ChatRoll" icon to the right.

Never Investment Advice

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