Tuesday, July 28, 2009

PreMarket Review 07/28/09


Consumer Confidence 1000 ET. $42 Billion 2-Yr Note Auction at 1300 ET.
No new high or low overnight. 981.5 to 984 is resistance and 972 to 969 is support. The market may be running out of short term buyers, but we still need to see a lower low before throwing in the bullish towel.
Charles

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