Tuesday, June 08, 2004

We're having some delays with the updates to intraday charts.  We hope to have the issues resolved shortly... 11:09:05 AM

The typical market behavior after a trend day like yesterday is one of consolidation, where the indices carve out an early trading range and for the most part stay within those bounds the rest of the day.  The German DAX has done just that so far today, and I suspect our indices will as well.  If we rally enough to close this gap down open and challenge yesterday's highs, my guess is that we'll see some selling come in and push us back down to test the morning lows. 9:50:48 AM