Continued Mixed Signals
- Posted by Greg Harmon
- on June 2nd, 2011
More mixed signals as the day comes to a close before the non-farm payrolls tomorrow. I have been watching most of the day after the big move yesterday. All are printing doji’s and hammers but the large caps $DIA and $SPY made new lower lows while the the smaller caps $IWM and $QQQ have not, at least yet. A bottom or more to come? I am waiting to see with a few small option spreads on.
(As always you can see details of individual charts and more on my StockTwits feed and on chartly.)
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Gregory W. Harmon CMT, CFA, has traded since 1986 and held senior positions including Head of Global Trading, Head of Product Development, Head of Strategy and Director of Equity. (More)
