Potential tag of the 1523 area before we see a drop. This shenanigans over sequestration may easily outweigh any pivot or TA effects. How have these events (exaggerated news events) played with MP Ammo?
that zig mentioned before,we got gyrations on the greek news,now italy,and sequester,agree there is some force pushing to take it higher to get short(banks)don;t know if they are all for one one for all anymore,may be starting to lose musical chairs one by one,the lies are getting more transparent,the sequester build up and then diffused in two days with new lies /data was not a well thought out lie,says desperation or loss of control creeping in,42 cash could get tagged,we'll see, for now,16-17 is fridays nip
Good Morning Friends! Hope everyone is doing well. I was ill for almost a week, so neither traded nor posted here. I have gotten much better now and just taking a look at markets after almost a week. It seems I missed a lot of action on indices and FX. World seems like a different place now looking at last week charts with big ranges and volatility expansion. As an optimist, I tendto think that I missed quite an amount of profits The pessimist inside me is saying Thank God - being ill, I managed to not lose a whole lot of money in last week's volatility. LOL. Wishing for everyone's good health and good profits.