Monday, August 10, 2009

Morning Review 08/10/09

The market is trying to test Friday's high volume area, but so far has failed to make it to the Point of Control.

The second half-hour saw a few up and down swings, which is indicative of a market in a narrow range.

The market found support just above the overnight low, and resistance at the overnight high. Upward momentum is decreasing going into the last half-hour of European trading.


No comments:

Post a Comment