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Wednesday, December 2, 2009

Move Along

Well market is pretty much flat these days. Trend bound on the 10 minute SPY chart, between 110.665 and 112.01. We kissed the 112.00 level and have pulled back down the the low of the day of 110.92. At the time of this writing SPY is trading at 111.199. Remember the days when the Economic Data would make the markets so crazy. Days long going. Scapl'em if you got'em.

UUP is currently trading in a trying to filled the intraday gap. S1 22.02 up to 22.13, if we can push up to the 22.1699 this would close the intraday gap open from this morning. On a 10 minute chart. . . .

Beige Book top of the hour 2:00 et