Tuesday, June 16, 2009
The S&P500 is in the process of assessing the strength of buyer support near yesterday's low coincident with the simple 20-day moving average. After early side-ways chop, the AD and Cumulative Tick lines came under stiff pressure. On the positive side, VIX readings do not indicate any strong sense of panic at the mid-day.
Posted at 12:28 PM