With overseas markets down across the board, the major US indices made a relatively good attempt to go positive in the a.m. session, but markets have been increasingly overbought from a short-term technical standpoint, and that appears to be a moderating factor going well into the p.m. session.

Related posts:

  1. 02.10.09 – Mid-morning Cliff Dive
  2. More to come?
  3. 07.09.10 – Near 20-DMA Tag
  4. Weekly Update
  5. Qs Weekly Update