Friday, July 31, 2009

PreMarket Review 07/31/09


GDP and Employment Cost Index at 0830 ET.
Chicago PMI at 0945 ET.
I was expecting the overnight market to stay below the 984 level, but we got a Fibonacci 50% correction instead. At the moment, the market is treating the 983 - 984 area as support.
Charles

No comments:

Post a Comment