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A Peak Under The Hood will be dedicated to providing unique insights into macro topics happening around the world and how these topics may affect financial markets. We will try to provide an entertaining, but informative blog, on subjects ranging from Real Estate, Mortgage Markets, Commodities, Major Stock Indexes, Bonds, and Select Trading Ideas. Our site will contain original posts, charts and also include opinions from outside investors and reporters who furnish original thoughts. We will attempt to dig deeper than what can be found on major network financial news outlets and it is our hope that you will continue to visit the site as we provide intelligent analysis that may be counter intuitive to mainstream ideas.

Friday, April 8, 2011

Support



The support we just broke on markets was important.

If we have a continued selling a change in trend could be happening right now. A gap up Monday would void this idea and you can consider the late day sell off as a bear trap. There are a number of indicators that say we are to oversold and the market has too much fear to continue a decline.
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