Market gapping down this morning prmkt. we have already touched the130.70 support and had a small retracement. the real earnings season starts this week with BIDU and IBM reporting after the close today. we will have a greater understanding of psych of mkt as earnings role out this week. remember that earlier this month it seemed like we would break support at 129.60 but never did and moved up 8% very quickly. SPY 130.70(s) 131.25, 132 resistance.
2 Comments on “SMB Morning Rundown for July 18, 2011”
where are you seeing bidu is today? yahoo says 23rd and briefing says the 20th
fin viz