8:03 PM EST
Seems traders had a chance to sit back and muddle about the Euroland Agreements this weekend. Amazing what can change when reality sinks in. Monday morning they awoke wondering how Europe would ever implement such a difficult task? Ohhhhhh, noooooo! How will they? How can they? ACKKK! (Courtesy of Bill the Cat) So down we go!!
This market is definately Bipolar and needs some Lithium ASAP! Is there a Psychiatrist in the house?
Not posting the charts tonight as it's nothing new. The Spy is still fighting the resistance of the 200 SMA and has the 20 SMA for support. The DIA has it's resistance line and is bouncing between 122.00 and 122.50
No changes in Momentum or Trend.
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