07/07/2009 After Bell Quick Summary


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I see good chance a rebound at least tomorrow morning. With 3 days in a row the market opened with a down gap so the chances of another gap down open tomorrow is rare. Just if we see a gap up open tomorrow, it will be the 7th unfilled gap on the SPY chart therefore I doubt if it could hold. So my guess is no hurry in buying dips AH, instead to fade the tomorrow’s gap up open is much safer.

SPY60min

6 Comments on "07/07/2009 After Bell Quick Summary"
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    July 7, 2009 at 6:17 pm
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    July 7, 2009 at 6:18 pm
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    July 7, 2009 at 6:59 pm
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    July 7, 2009 at 8:52 pm
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    July 7, 2009 at 9:06 pm
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    July 8, 2009 at 11:10 am
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