Draghi just put a floor under the market, hmm

If the smoke clears even a little Euro financials are gonna squeeze like a mofo.

At least the market is moving. Better than the death days of 2004-2007 where ranges died.

 

yup!

 

Weak close. Market lost momentum today. CB'ers better pull off some more magic 'cause otherwise we're looking at another sell-off

 

that hint of bias is once again in your statement. i hope you are not rolling the dice with a long position.

 

Thank you for the tips. I ran short all day but have to say the veracity of the close was very telling.....

 

You guys really think that close means something?

 

Without getting too technical I tend to think monthly open/closes, weekly open/closes, and daily open/closes as worth watching and today we closed out the month. So for instance if you were gonna get flat after being long or kick off a short for the month you'd want to do that at month end.

Just sayin'.......

 

It would have been better for swing longs to close above 1376. Hns 120min so far has formed.

 

Hmmm. Randomness. I'd be more app to believe something related to moves related to rolling hedges.. slight ups and downs most likely noise

 

Real pro.