Market Comment 04/09/07 - Intra-Day Update

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TradeStalker's
R.B.I. Trader's Update
04 / 09 / 2007
Intraday Update
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Dateline: 1:42 eastern time, es7m= 1457 nq7m= 1830

The bounce off of the 1452.50-1452.00 support area on the SP futures looks like it's over, and the market could be on shaky ground here. If the 1456.00 level breaks, and there isn't a quick turn around, a test of that 1452.50-1452.00 area on the SP futures is possible today. However, if that level does hold, there is a chance of seeing that 1459 level today.

Good Trading,
Mike

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