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rotor1

06/26/13 11:30 AM

#9476 RE: YellowBull #9475

Yep, so far

The current level is the interday regression channel c/l, make your mind up situation where the lower timeframes re-cycle. Daily equivalent is the 7 ema. Next resistance circa 1608, need to penetrate that to remain bullish. - - Just my read fwiw. Think i'll take the rest of the day off - Have a good one
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jumanji0881

06/26/13 12:27 PM

#9478 RE: YellowBull #9475

Lower GDP is good for the economy. It's not good for corporate earnings though. Nor will higher rates since a lot of the earnings have been due to financial engineering based on lower rates.