Monday, August 25, 2008

Morning Review - 08/25/08






The fast moving average on the 620 tick chart has been red all morning, along with the fast moving average of the 5 minute $TICK.
We got a small correction on the 1 minute chart between 1008 ET and 1032 ET, when the market resumed the negative trend. I like to see a bigger correction, but the small corrections is all that we get when the market is pretty much one directional.
Charles

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