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Message: Today's Trading

Today's Trading

posted on May 27, 2009 07:41AM

On NYSE: Couple of hours into the trading day and the current down cycle pressuring KRY sp down. Every tech is Bear Claws and sp is below the MA50. Also, currently below the lower BB, so may see a little rebound in a bit. Not looking good, but all a part of the tech cycle. News changes everything.

Dow is down a touch while S&P is up a touch. Hmmmm... The news that has been driving the Market still is being evaluated, it seems.

Gold flattening out for last three days, after a three day Bull Run. Techs are topping and converging indicating the current cycle is about to go into a downturn over the next few days. Then again, from some of the posts here, maybe not.





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