Monday, April 13, 2009

First Hour of Trading 04/13/09



Some mixed signals among the indicators. Discretionaries and Technology were more bearish than Staples and Health Stocks, which is a negative for the broader market. However, the market was still buying the Financials, which is bullish for the broader market.



At the 1000 ET bell, the buyers came in to close the gap. than as we approached the 1030 ET bell, we got a bear divergence between the $TICK and the ES Futures.
Charles

No comments:

Post a Comment