The market is up to its old tricks again as the bulls and the bears fight it out. The bulls are holding at a DAILY and WEEKLY support level; the bears are defending a DAILY resistance level. Take a look at my DAILY S&P and NASDAQ futures charts:
S&P
NASDAQ
Once a decisive decision is made, we may then have some really good looking trades setting up on either side of the battle for us “swend” traders. Until then, I am having fun watching this skitzophrenic market in dire need of medication for what ails it. Be careful or you might need some too!
