Tuesday, June 3, 2008

Still watching the sellers

Volume was certainly developing lower. Afternoon trading on Tuesday showed support at the 1372 level; I'll look to see if open interest rose tomorrow morning. If so, the selling will continue.

ISM non-manufacturing and Productivity reports are due out Wednesday afternoon, Unemployment Situation is Friday

From the TradeMaven Software, Volume Weighted Pivot, Support and Resistance for
4 Jun: