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You Are Here: Home > Articles > Contributors > Early Update
Early Update
You Are Here:Home > Articles > Contributors > Early Update
Early Update
Jan 12, 2009
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EmailThe e-minis have reached the top of my target zone, having dropped as low as 874 this morning on moderate volume selling. I still think selling rallies is the correct tactic until there is some evidence that buyers are willing to become more aggressive - a rally over the 890 level would be such evidence at the moment. In the meantime I think 885-890 will be a ceiling for the rest of the day.
by Carl Futia (CarlFutia.com)
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