{"id":2786,"date":"2010-03-10T08:30:44","date_gmt":"2010-03-10T13:30:44","guid":{"rendered":"http:\/\/leavittbrothers.com\/blog\/?p=2786"},"modified":"2010-03-10T08:30:44","modified_gmt":"2010-03-10T13:30:44","slug":"before-the-open-mar-10","status":"publish","type":"post","link":"https:\/\/blog.leavittbrothers.com\/?p=2786","title":{"rendered":"Before the Open (Mar 10)"},"content":{"rendered":"

Good morning. Happy Wednesday.<\/span>
\nThe Asian\/Pacific markets closed mostly up, but gains were small. Europe is currently up across the board, but gains are small there too. Futures here in the States are flat.<\/span>
\nAfter a day off Monday, the market woke up yesterday, but the net change for the week is very small. The S&P entered the week in no-man’s land, and it remains there. Here’s the 30-min chart. Resistance is up at 1150 and support in the mid 1120’s. With yesterday’s close at 1140, we’re close to the middle – hence no-man’s land and hence why I was neutral on a very short term basis heading into yesterday. <\/span>
\n\"\"
\nBacking up, here’s the weekly…several months of consolidation within an uptrend. If I could tell the market what to do, I’d tell it to pull back to 1100 before attempting another rally.<\/span>
\n\"\"
\nZooming back in with the 5-min SPY chart. Let’s remember Friday’s gap remains unfilled.<\/span>
\n\"\"
\nheadlines at Yahoo Finance<\/a><\/span>
\ntoday’s upgrades\/downgrades<\/a><\/span>
\nthis week’s Earnings Reports<\/a><\/span>
\nthis week’s Economic Numbers<\/a><\/span>
\n