It maintained its momentum from thereon and the bears are not that quite happy.
Might be a sideways move come tomorrow's trading?
If it is, scalping is the way to make a trade!
Tuesday, February 7, 2012
The market open below from its previous close due to some concern from the Greeks debt problem but the participants overcome that concern and turn around the market trend.
A sign that the market is now resilient from any negative problem?
I guess the market might break again before the close.
Let's see!
A sign that the market is now resilient from any negative problem?
I guess the market might break again before the close.
Let's see!
Stock index futures signal dip in early trade
NEW YORK (Reuters) - Stock index futures pointed to a dip at the open on Wall Street on Tuesday, with futures for the S&P 500 down 0.06 percent, Dow Jones futures down 0.05 percent and Nasdaq 100 futures down 0.05 percent at 5:30 a.m. ET.
Greek leaders faced crunch talks on Tuesday to secure a new bailout and avoid a chaotic debt default, caught between European Union demands Greece accepts painful reforms now and a national strike against more austerity. Prime Minister Lucas Papademos negotiated through most of the night with Greece's EU and IMF lenders.
NEW YORK |
NEW YORK (Reuters) - Stock index futures pointed to a dip at the open on Wall Street on Tuesday, with futures for the S&P 500 down 0.06 percent, Dow Jones futures down 0.05 percent and Nasdaq 100 futures down 0.05 percent at 5:30 a.m. ET.
Greek leaders faced crunch talks on Tuesday to secure a new bailout and avoid a chaotic debt default, caught between European Union demands Greece accepts painful reforms now and a national strike against more austerity. Prime Minister Lucas Papademos negotiated through most of the night with Greece's EU and IMF lenders.
Monday, February 6, 2012
The market was able to make a decent finish even though it gap down in the open.
A little bit choppy almost the whole trading day and the only way to make a trade is to find a setup intended purely for scalping.
Though there seems a setup in the middle part for a good high finish, other than that the market was purely for scalping.
A little bit choppy almost the whole trading day and the only way to make a trade is to find a setup intended purely for scalping.
Though there seems a setup in the middle part for a good high finish, other than that the market was purely for scalping.
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