Although the PPI numbers did not create a very big reaction in the markets after the open, they did knock down strong bullish premarket futures back into the negative territory. This continues the indexes trading below the T line. The market trend still has a bearish bias but not with any great force. Analyze each chart on its own merits.
December 9th Daily Market Comments
Although the PPI numbers did not create a very big reaction in the markets after the open, they did knock down strong bullish premarket futures back into the negative territory. This continues the indexes trading below the T line. The market trend still has a bearish bias but not with any great force. Analyze each chart on its own merits.