So selling came in today as we are in a midst of a pullback. We are in a very mixed atmosphere as seen in the bullish/bearish sheet. We have not gained enough momentum to drop fast, but it appears we will be in pullback mode for a good part of this week. Of course, news out of Europe could change things, but if most of the rumors were bought up last week, we could see the sellers getting the upper hand this week.
Tech was very mixed today. AMZN and GOOG were very bullish but AAPL was weak. Overall, I will be looking more towards the short side.
So for now, looking short in the financials and S&P and Dow.
No comments:
Post a Comment