sp'60min
Summary
So..we're set to open a little higher, but really, it'd be surprising if we don't see the market fall at least a little more this morning.
Near term pressure is most certainly to the downside.
*notable early strength in FB, +4% at $51.35, on news it will join the sp'500.
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Econ-data...from Santelli.
stay tuned :)
9.23am.. sp-2pts... 1780.....the 1770s are very viable in the opening 90mins. A typical intraday floor is 11am...so..lets see where we are around 10.45/11.15am.
9.39am.. minor chop...I'd be real surprised if we don't break into those 1770s today.
Metals VERY weak, Gold -$21, and could drop another $80 in coming days.
9.49am.. a snap lower...this could be the VERY final part of this C wave
We have a lower low - from 1779....
Bears...should be tightening those short-stops !