Employment Report Selloff
By
Rennie on Friday, June 3rd, 2011 at 3:23 pm
On Wednesday, S&P futures posted the widest range day in forty sessions (WR40). When a wide range coincides with a down day (2:1+ negative breadth) and is followed by a rebound the next session (futures closed higher Thursday), it’s a short-term negative sign if…
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Employment Report Selloff
By Rennie on Friday, June 3rd, 2011 at 3:23 pmOn Wednesday, S&P futures posted the widest range day in forty sessions (WR40). When a wide range coincides with a down day (2:1+ negative breadth) and is followed by a rebound the next session (futures closed higher Thursday), it’s a short-term negative sign if…
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