Tuesday, August 10, 2010
Futures Are Red Ahead Of The Fed
While it is certainly possible that the rally has reached its climax, it is more probable that there is more to go both in time and price. I will be looking for support at last week's low and the 50dema. As long as markets hold above these areas look for the rally to continue.
Posted by R. Craig Pritchard at 7:26 AM