Day Trading – The Bullz And Bearz
Profitable Trading In Any Market – Stocks Options FOREX
Markets Looking Over The Edge…
February 17th, 2009
Good morning! Well, its very safe to say that the markets will open up much lower today after the long weekend. Pre-market futures are lower this morning by almost 1.75%. To make things clear and blunt – as I usually tend to do on this blog – we have to get out of this S&P range to really make it anywhere. Whether we have a one or two day sell off or slowly bleed into the 700′s, it needs to start happening soon for us to make some more money. Granted the little daily moves have been great for my portfolio, but we need some more sustained moves to make the big bucks this month. Let’s hope the markets just decided where they want to go! Here are the S&P intra-day support and resistance targets, in case you missed them yesterday. Again, the more stretched we get, the larger your bets will become.
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Today's Live Market Quotes & Charts
| DJIA | 10447.93 | ||||
| NASDAQ | 2233.75 | ||||
| S&P 500 | 1104.51 | ||||
| ^TNX | 2.71 | ||||
| ^XAU | 186.81 | ||||
| ^XOI | 989.85 | ||||
| FAZ | 13.64 | ||||
| BGZ | 13.94 | ||||
| XLB | 32.73 | ||||
| EEV | 43.23 | ||||
| EDZ | 32.95 | ||||
| FAS | 21.62 | ||||
| GLD | 121.86 | ||||
| ERY | 48.70 | ||||
| GDX | 53.69 | ||||
| FXP | 35.76 |
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