Cara Community |
| Tables & Charts for Thursday, Nov 3rd, 2011 Posted: 03 Nov 2011 09:03 PM PDT |
| Bill Cara's Blog for Nov 3, 2011 Posted: 03 Nov 2011 04:00 AM PDT CTA Trading Desk Morning Report Here is a review of our longer term stance: The S&P 500 has failed to hold above the 1255 area. On major dollar weakness last week, the S&P did break above that resistance level, only to fail as the dollar bounced higher over fears that the European solution was not as positive as originally thought. The S&P also needs to rally above the 200 dma – clearing 1275 would do it. So; the index needs to clear both those hurdles for us to get real bullish. This posting includes an audio/video/photo media file: Download Now |
| You are subscribed to email updates from Cara Community To stop receiving these emails, you may unsubscribe now. | Email delivery powered by Google |
| Google Inc., 20 West Kinzie, Chicago IL USA 60610 | |
.
0 comments:
Post a Comment