With an hour to go, each push to the 1190 SPX level is met with buying. Those buyers eventually are no longer there and the next support level is sought after. The NDX has shown relative strength thanks to chips, biotech and GOOG although the latter seems to be running out of steam.
I've not found a day trade all day and am quite interested in the buying strength into the last hour here. Just looking for a clue that the back filling is imminent. There are subtle signs but enough rotation and short covering to keep it at bay so far.
I've not found a day trade all day and am quite interested in the buying strength into the last hour here. Just looking for a clue that the back filling is imminent. There are subtle signs but enough rotation and short covering to keep it at bay so far.
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