Wednesday, September 5, 2012

S&P Futures Update for Sept 6, 2012



No Change in Weekly or Monthly Trend. Market continues to Balance within a tight range. Wednesday delivered a balanced Inside Day with overlapping to higher Value. The market appears quite short. All eyes will be on the ADP Report Thursday and the ECB conference. I am going to treat Tue and Wed as a 2 day balance and observe where we open relative to the prominent POC - in or out of balance and to what degree?

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