Tuesday night’s action was tired but bullish, since minor correction targets were not getting hit. There’s one such target in the E-Mini S&Ps that could help night owls chase boredom, but we’ll have wait for the opening bell to find out whether Monday’s short squeeze is about to get second wind.
COMMENTARY for Wednesday
TODAY'S ACTION for Wednesday
Rick's Picks for Wednesday
The futures were struggling to go lower shortly after 11 p.m. Tuesday -- much as they did Sunday night, telegraphing Monday's rally. The nearest Hidden Pivot support is _____ , a midpoint whose 'd' sibling lies at 893.75, but both numbers were getting shunned -- a development that hinted of ...
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We'll breathe easier when the futures finally push above 935.80, but the significance of the move won't be as bullish as before, since the rally has been interrupted by a so far three-day correction from the recent high at 934.80. I hesitate to read too much into it, but ...
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A Motley Fool e-mail promotion that I received yesterday piqued my interest in this former "cloud" computing hottie, which they rate as the best investment opportunity since Microsoft's first stock-split. Coincidentally, AKAM's recent high at 23.58 created a "camouflaged" impulse leg that looks ...
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by Rick Ackerman on May 20, 2009 1:04 am GMT · 9 comments