pay attention or pay the offer

thoughts on markets & cetera – christopher carolan

pay attention or pay the offer header image 2

More Down

June 16th, 2009 at 11:54am · No Comments

Last evening I wrote,

“The 60 minute chart indicates resistance at 925 where there’s a net-line buy level in effect until 11:30 AM ET tomorrow. Any rally attempt into that area would be a great opportunity for the short side.”

The overnight high was 924.75 and the day session high this morning was 924. Prices are now rolling over and heading lower.

You must be subscribed to the Premium Level to see the remainder of this post.

Tags: General Market Commentary · S&P 500