Despite the uptick in volume, the session felt very choppy and good setups were hard to find. We need a catalyst to add some momentum in this market - either PPI on Friday or earnings which are starting to trickle in this week with RIMM set to report AH tomorrow.
Wednesday, April 11, 2007
NASDAQ Technical Picture - Starting to Fill Gap
Despite the uptick in volume, the session felt very choppy and good setups were hard to find. We need a catalyst to add some momentum in this market - either PPI on Friday or earnings which are starting to trickle in this week with RIMM set to report AH tomorrow.
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