Monday, February 2, 2009

Premarkets

Markets are breaking the lower TL supports, obviously based on the premarket and oversea market actions -- continuing extremely pessimistic sentiment. Lower EW targets are now obvious as I noted before if and when markets regressively break supports.

Based on premarket, DOW 8000 is broken with gap-down and will be trading near at 7900+/- support and SPX 810 +/-.

Note) With massive job loss, many Americans would be cursing the bloody money makers hyping markets for short fortune with mass pain and suffering.

No comments:

Post a Comment