Tuesday, June 8, 2010
Price is just about to re-challenge its daily Pivot, which [maybe] promising for the afternoon if we can break that as volatility comes back off on short covering. However, trade is unenthusiastic and internals are still leaning negative. Update: No dice, pivot as major resistance; can S1 likewise hold a second go? Bulls need a higher low on this retest. Update2: We got it, off to the races as originally anticipated.
Posted at 12:58 PM