Indices hold ground after PPI data

Discussion in 'Data Sets and Feeds' started by TradeTheNews, Jan 17, 2007.

  1. Minor dip...the gap will be close even before the open tomorrow.
     
    #11     Jan 17, 2007
  2. duard

    duard


    Look at the cumulative chart its looking very divergent and toppy. Compare with price chart. That flip turn was also very toppy. Haven't seen one that dramatic in awhile. Post-op exp typically very weak so we'll see what happens through Tuesday.

    So far a few traders have positioned themselves for a sell-off ( ie. flip turn)
     
    #12     Jan 17, 2007