Monday, February 2, 2009

PreMarket Review 02/02/09

The market is testing the 800 area one more time. The big question is whether or not the 800 area will still act as support after January proved to be a big disappointment for the bulls.

Overnight trading is still making lower lows and highs.
Employment Situation Report on Friday.
24 Hr Globex Pivot: 830.75
Day Session Pivot: 829.50
Largest 10-Day Avg Distance From 0930 ET Open: 22.68
Largest 10-Day Distance Standard Deviation: 8.65

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