The Technology Sector is the drag on the market today, following Intel's report of lower profits. However, different from yesterday, so far, is that the Financial Sector has not made a lower low at Midday.
For the second day, the market has opened below the 78-Period Pivot Line only to trade up to it and then fade to the down side. The market is back above the VWAP, but has yet to trade above the Pivot Line.
Charles
No comments:
Post a Comment