Friday, May 7, 2010

S&P 500 ~ Intraday Update 7 May 2010

I can't count that.. I thought we may see some sort of bounce but this tape looks very weak...


In 1987 we almost retested the lows of the crash a few days later. May be we get the same today.

If we go below 1065 I don't know where this will stop...


Edit 12:30 PM EDT: SPX is making some kind of a triangle.