{"id":3179,"date":"2010-06-28T07:20:22","date_gmt":"2010-06-28T12:20:22","guid":{"rendered":"http:\/\/leavittbrothers.com\/blog\/?p=3179"},"modified":"2010-06-28T07:20:22","modified_gmt":"2010-06-28T12:20:22","slug":"before-the-open-jun-28","status":"publish","type":"post","link":"https:\/\/blog.leavittbrothers.com\/?p=3179","title":{"rendered":"Before the Open (Jun 28)"},"content":{"rendered":"

Good morning. Happy Monday. Hope you had a nice weekend.<\/span>
\nThe Asian\/Pacific markets closed mixed. Europe is up across the board. Futures here in the States point towards a flat open for the cash market.<\/span>
\nBy virtue of last Mon-Thurs selling pressure, sentiment is down, but overall the market is unchanged from over the last 5 weeks. The market goes up, the bulls get excited. The market goes down, the bears get excited. A few weeks later the market is unchanged. <\/span>
\nThis week we have the end of the month and quarter (Wednesday) and then employment numbers (Friday) and then a 3-day weekend (the market is closed Monday, July 5).<\/span>
\nIn my eyes, the market is currently in no-man’s land. It’s in the bottom half of its recent high and low range but close to the middle. Here’s the SPX 60-min chart.<\/span>
\n\"\"
\nShort term I don’t see obvious support or resistance to work with, so for me, trades are short term until more clarity is achieved. More after the open.<\/span>
\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