Wednesday, February 4, 2009

Morning Review 02/04/09

When the market opened at 0930 ET, it could not quite trade down to the pivots. Once it traded above yesterday's high, it stayed above the 0930 ET open and advanced upward. However, it was on below average volume. Thus far, the market has not been able to trade to the 10-day average distance above the open, and has found resistance at 849.50.

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