September 18, 2009 FTV Morning ReportGood day all,
Post market chop from yesterday in the SPY has broken down this morning on a down gap. That gap has subsequently filled back up to the 107 area and we will have to watch this number closely. A head and shoulders pattern has resolved on a 15 minute chart which is not unexpected after such a run. Speaking of witches, it is that kind of Friday so be careful of some possible added volatility.
Trade well,
Matador : )