The IWNS rallied strongly in the last half hour. They also closed on a large spike in activity -- a very good sign going forward.
Monday, April 2, 2007
The Markets Today
First, the good news: The SPYs and QQQQs rallied into positive territory to end the session. The bad news is the charts do not inspire confidence. Notice how both got to just above the positive line and then petered out. These charts indicate there just wasn't enough enthusiasm to drive the markets higher.
The IWNS rallied strongly in the last half hour. They also closed on a large spike in activity -- a very good sign going forward.
The IWNS rallied strongly in the last half hour. They also closed on a large spike in activity -- a very good sign going forward.
