Market Looks to Build on Small Red Dog Reversal (Morning Call)

256 views · Published 6 February 2014 · 9:52 · Indexed 4 October 2026

Channel: T3 Live · 2014 · Education

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World markets are mixed this as Europe is putting in a strong session but Asia shows no real appetite for a sustained bounce yet. European indices are up the following: DAX 1.24%, FTSE 0.89%, CAC 1.25% AEX 1.24%.

The S&P staged a small Red Dog Reversal yesterday but was pretty hard to trust. The recent pivot low for SPY was $173.80 and yesterday morning as Demark tried to spread some fear it hit $173.71 before bouncing back later in the day to close somewhat decent.

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