DJ -112, led by the tech-fueled Nasdaq, as a weaker-than-expected new home sales report added to questions about the strength of the economic recovery..CNN.
8.30 : DJ futs +2. Regional slump 2%. Commodities near 1% to 2% lower.
No helping hands for bulls...external and technical all negative. Fkli may dip as low as 34, green support on knee jerk but may bounce back on intra-day buy assuming fbm can sustain above 40.
A big gap down , if any, near 30++ should provide intra-day chance...
fkli below 40, fbm below 45 a sell mkt.
3 years ago
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