Tuesday, March 11, 2008

The Turnaround and the MidTerm Exam

Will this rally continue? - the magic 8 ball says "probably, yes"

Tuesday Afternoon rallies came after the emini S&P traders were consistently finding value at higher prices throughout the morning. Volume skewed to the upside points to an "up" move.

Look for price to hover around 1323 through the night then break in the hours before the opening. If the move is on low volume it will be a good buy.

Emini Rollover to Jun Contract to Jun Contract -

From the TradeMaven Software, Pivot Support and Resistance for 12 Mar: