UPDATE: Philly Fed was a horrible miss. 18.5 on 36.9 consensus. I don't remember the last time I saw an intraday gap. The plan is to cover when we finish filling the downside gap on one more low, and reenter when we fill the upside gap.
Thursday, April 21, 2011
Morning Analysis
I'm liking the short setup here again this morning.
UPDATE: Philly Fed was a horrible miss. 18.5 on 36.9 consensus. I don't remember the last time I saw an intraday gap. The plan is to cover when we finish filling the downside gap on one more low, and reenter when we fill the upside gap.
UPDATE: Philly Fed was a horrible miss. 18.5 on 36.9 consensus. I don't remember the last time I saw an intraday gap. The plan is to cover when we finish filling the downside gap on one more low, and reenter when we fill the upside gap.