Weekly looks like the retrace will last two to four weeks with highs coming in at previous support before it fell off the cliff.
Saturday, January 3, 2009
S&P 500 day trading sp500 emini futures jan daily
Can you see where the retrace is heading? They say the first days of January determine the year.
I think this is the first time it will contradict this trend.
It looks like we could retrace quite a bit here.
GM dealers and market share Market makers pulling another hat trick
GM alone has 6,426 dealers. Toyota, with U.S. sales equaling about 85% of GM's, has just 1,461 dealers.
go figure.......
go figure.......
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