Wednesday, April 22, 2009

23/04/2009 Pre Market

08.35 am Amsterdam

There is a Big fight for a direction in the market and the result is being directionless for the moment.

Yesterday, S&P 500 future had a rally from my last comment on, up to 858.75, which was then sold till 833 closing 837 with financials being hit the most.

Now the future trades around 842.

With the jobless claims and home sales numbers, we can get a better view of the short term direction.

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