Monday, November 23, 2009

Reading The Details PART 1








These are snapshots of Monday 11/23 just before the 10AM Existing Home Sales Report.

As you can see these charts are indicating a reversal. Meaning price will go down from the 1109 level.

At 10 AM when the numbers were released the market shot up 2 more points before the market began its long slow descent back down to the opening level.

I continue on the next post above PART2.


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