Wednesday, March 4, 2009

caution

financials are weaker than overall market...not trusting any rally in spy. Spy making lower highs and lower lows on 5 min...but not a safe place to short, since on longer a longer time frame (20min)..it's still getting support from 10, 20, 50 ma's...also the price action so far has been a lack of direction.

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