Thread: tsptalk's Market Talk

I like that the SP500 was able to get back to, slightly above, 2100. I don't like that 2100 hasn't been able to hold, so far.

Originally Posted by weatherweenie

I like that the SP500 was able to get back to, slightly above, 2100. I don't like that 2100 hasn't been able to hold, so far.

On Fast Money Talk (CNBC) yesterday an analyst said that 2193 was a critical level to hold at...seems like that (or a fraction lower) is where the intra-day low has been, so that's a good sign.

Originally Posted by FireWeatherMet

On Fast Money Talk (CNBC) yesterday an analyst said that 2193 was a critical level to hold at...seems like that (or a fraction lower) is where the intra-day low has been, so that's a good sign.

2093?

2103

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AGG looks to be making a head and shoulders. if it breaks down, look at least 109.75 on downside. That's if it breaks. Sometimes they test the head first.

Originally Posted by tsptalk

AGG looks to be making a head and shoulders. if it breaks down, look at least 109.75 on downside. That's if it breaks. Sometimes they test the head first.

Don't ya love technical analysis?

The dollar's flying again.

God bless America...

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I might as well ring in here also. Scary for bonds:

Interesting day. The bears haven't put the pressure on yet, but the bulls haven't taken advantage. The bulls better make their move or the bears will smell blood in the water and pounce before the close.

Some of us like slow and steady upward. Looks less like a DCB that way.

Originally Posted by tsptalk

Interesting day. The bears haven't put the pressure on yet, but the bulls haven't taken advantage. The bulls better make their move or the bears will smell blood in the water and pounce before the close.