Why isn’t the market rallying: January 27th, 2009
January 27, 2009 – 2:27 pmI really do not understand why the market isn’t rallying. There is so much strong support to rally, I don’t even know where to begin. Look at the stochastics and MACDs for the Dow Diamonds, Proshares ultrashort S&P 500 and the S&P 500 as a whole.
Take a look at currencies. The dollar is weakening on every major front. The yen is strengthening again today, heck even the Euro is gaining ground.
One Response to “Why isn’t the market rallying: January 27th, 2009”
i don’t know either but this is really hard to trade i think fed meeting tomorrow maybe possible catalyst
By john on Jan 27, 2009