
We've been trading inward a hit for the most purpose inward the overnight in addition to morn sessions, non belongings the Fri highs, simply staying inward a higher house the Fri morn lows. Such consolidation at higher average trading prices is consistent amongst the bullish short-term tendency mentioned inward the weekend indicator review. Advancing in addition to declining stocks on the NYSE are running close even; banking issues convey been rigid this morning, currencies are mixed, commodities are off their overnight highs, in addition to commodity related stocks (energy, materials) convey been weak. All inward all, thence far, a mixed, rangy picture, which is supported past times the balanced activity thence far inward the NYSE TICK. That has me leaning toward buying weakness in addition to selling line today--and non necessarily expecting large moves, given most relative book thence far today.
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