Billy
10-18-2011, 06:09 AM
10968
Well, the market hates uncertainty and yesterday’s German risk wake-up call right on major floor resistances could only postpone fresh buying appetites and spur profit-taking.
The robots’ neutral stances are in line with the renewed uncertainty.
Today’s multi-pivots news-neutral outlook is very mildly bullish for IWM but strongly bearish for GDX. “News-neutral” is of course the key word, especially before AAPL’s earnings due after the close today.
Billy
10967
10966
Well, the market hates uncertainty and yesterday’s German risk wake-up call right on major floor resistances could only postpone fresh buying appetites and spur profit-taking.
The robots’ neutral stances are in line with the renewed uncertainty.
Today’s multi-pivots news-neutral outlook is very mildly bullish for IWM but strongly bearish for GDX. “News-neutral” is of course the key word, especially before AAPL’s earnings due after the close today.
Billy
10967
10966