{"id":1995,"date":"2009-10-07T07:30:34","date_gmt":"2009-10-07T12:30:34","guid":{"rendered":"http:\/\/leavittbrothers.com\/blog\/?p=1995"},"modified":"2009-10-07T07:30:34","modified_gmt":"2009-10-07T12:30:34","slug":"before-the-open-oct-7","status":"publish","type":"post","link":"https:\/\/blog.leavittbrothers.com\/?p=1995","title":{"rendered":"Before the Open (Oct 7)"},"content":{"rendered":"

Good morning. Happy Wednesday.<\/span>
\nHeading into this week, the bulls had their backs against the wall and as they’ve done several times the last 7 months, they’ve responded. Here’s the daily SPX<\/strong>. Higher highs and higher lows remain the pattern – the intermediate term trend remains up. …
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\nHere’s the 60-min<\/strong>. The uptrending line shown is significant for now. The more touches, the more important. And two gap ups remain unfilled.<\/span>
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\nI’ve talked about the UD dollar<\/strong> playing a role in the market’s movement. A weak dollar helps; a strong dollar does not. The trend remains down, so for now the market is getting a little boost.<\/span>
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\nThe S&P is down 2 points for the month – not bad considering how the month started. After the close today we’ll look at the put\/call open interest for Oct to see if once again the bears have loaded up in anticipation of a big sell-off. More after the open.<\/span>
\nheadlines at Yahoo Finance<\/a><\/span>
\ntoday’s upgrades\/downgrades<\/a><\/span>
\nyesterday’s Sector Performance<\/a><\/span>
\nthis week’s Earnings Reports<\/a><\/span>
\nthis week’s Economic Numbers<\/a><\/span>
\nopen a real-time futures demo account at…<\/span>
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