Market View 9-9-2008

Today / Tomorrow in the S&P-500

Monday 9-8-2008 New from the weekend popped the market up strong closing over the T-Line confirming the Hammer signal of Friday

Tuesday 9-9-08 Now that we have a price closing over the T-Line and a type of a Pin Ball setup what you want to see is price closing today over the T-line to help drag the 2 over creating a Swing Low buy signal. It would not be surprising to see sloppy trading for a day or 2 after the 2 big day we have just had.






Good Trading and always Trade For Profit
See you all in the Trading Room
Rick

  Candlestick Hammer Signal Explanation