Wednesday, July 08, 2009

Technical Picture - Oversold

The path of least resistance this morning was down again, but markets found support midday. We are technically oversold, so expect some stabilization/retracement to work off the OS posture in the short-term.



1 comment:

The Average Jay said...

First time on your blog. Very nice. Will be back.

Jay

http://tradingwiththeaveragejay.blogspot.com/