But not Naz or Crude so far......if we can drop more below the 50 ema's and then rally back might be a good short, lets see what happens
We are also on the cusp of an 8/34 cross on the daily, maybe this is a samll ABC correction that ends soon and takes us back up, I joined the short covering camp abt 25 min ago, getting stretched on Cum Intraday TICK
There are many breakdowns on the hourly channels I follow as well fwiw
http://stockcharts.com/c-sc/sc?s=$SPX&p=D&yr=1&mn=0&dy=0&i=t98933448923&r=8153.png
Edited by Woody, 06 July 2009 - 10:20 AM.
