1.25.2008

PRE MARKETS


Art Cashen offering his opinion on CNBC, and that is to watch for volume drying up- if/when that happens this market will be heading lower. Just wondering if this gap up in futures will give the folks who bought the big selloffs earlier in the week a pretty good opportunity to "sell the rip".


Its a Friday and with some big gains by some smart traders it wouldn't shock me.


RSI (2) levels:


ES 82

YM 86

NQ 85


SPY 77

QQQQ 66

IWM 75



0 Comments:

Post a Comment

Subscribe to Post Comments [Atom]

<< Home