Friday, October 5, 2012

Weekend Thread

Feel the breeze :)
I hope everyone has a safe and relaxing weekend!

Intraday update

S&P futures are pulling back a bit after tagging the daily R2 area (1466ish). Naz futures are struggling as AAPL slips back into the 650's... although there was a big volume exchange from 2825-2830 that might be magnetic on a bounce. The overnight gap on Naz futures has just been filled at 2821ish, but S&P futures gap is still lingering at 1455ish. Sentimentrader short term indicators look ripe for selling.

Sic transit gloria

I'm in a Swiss transit lounge so just carry on as usual. I hope to rejoin you on the weekend. Best wishes for a profitable day.