| Dow | 12,050.00 | -59.67 | -0.49% |
| Nasdaq | 2,686.75 | 0.00 | 0.00% |
| S&P 500 | 1,283.50 | 0.00 | 0.00% |
| Russell 2000 | 802.68 | 0.00 | 0.00% |
Market direction for 23 Jun (Thur) - down
- Probably the New home Sales data will be probably bad base on 21 Jun existing home sales
- Drop in GDP and increase in unemployment rates
- Candle stick pattern short dusk / bearish engulfing
Well it didn't turn out as bearish i thought it would. Did a trade on SPY right after the bell and manage to make little profit =D. When i took profit and the SPY ascend till the early afternoon , thought of making another entry for SPY when i saw the head and shoulder pattern, it break below and i waited for it to retest the resist but got too tired and went to bed. "the push from the final hour was good , wonder what news push it up"
| 8:30am | USD | Core Durable Goods Orders m/m |  | 0.6% | 1.0% | -0.4%  |
NEW YORK (MarketWatch) -- U.S. stock futures gained Friday after the government revised its estimate for U.S. economic growth for the first quarter to 1.9% from an initial estimate of a 1.8%. Shedding mild losses, futures for the Dow Jones Industrials were up 4 points at 11,980. Standard & Poor's 500 Index futures rose 1.9 points to 1,278.9. Nasdaq 100 futures gained 8 points to 2,245.5.
Summary :
Market direction for 24 June 2011 (Fri) - Up
- Little bit of "so call good news" revised GDP,
- Futures for indices moving up
- Candlestick pattern out of shape hammer
Accuracy : (1/1)
No comments:
Post a Comment