1:30pm (EST) Futures were showing a slightly mixed open for Wall Street today when we were doing our chart work last night and remained that way ahead of the European open. Futures were slightly weaker ahead of the opening bell and suggested today could be a wait-and-see session with flat
Market Gellin’ for Yellen/ New Trade!!!
Flat Action Ahead of Bernanke/ New Trade!!!
12:00pm (EST) Futures were pointing towards a slightly higher open throughout the night after China’s GDP (Gross Domestic Product) met expectations after coming in at 7.5%. It remains to be seen if this is their “real” number but all signs are pointing towards a slowing China in the coming months
Trading Range Continues as Bulls Push Resistance, 2 NEW TRADES!
12:10pm(EST) Futures were showing a higher open throughout the night as they were up ahead of the European open and got stronger before the start of trading here at home. The bulls have managed to push resistance that was prior support as the indexes are up nearly 0.75%, on average.