Tuesday, July 6, 2010

Up against the wall..

The markets are trying to rally from very oversold conditions. This morning we saw quite a pop, but it's having more trouble now. Here's why:

We're still in the channel (barely) and the market hit it's head this morning at the high a little after 10:00 A.M. eastern time. The $RUT looks the same way as the $SPX....

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