Tuesday, November 25, 2008

PreMarket 11/25/08


Overnight, the market has found support in the middle of yesterday's Value Area, which is also the top of a consolidation zone created between 1000 and 1400ET yesterday. Up to now, the market has not traded above yesterday's high.
Will be watching the reaction to the 0830 and 1000 ET economic reports.
Charles

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