Again big boyz didn't let it go down, too much as it should have as per technicals. they are doing a controlled slide on this, if retail jumps in crazy number then this could get to very low which they don't want. They are making all retail shorts think twice before fully committing. What ever it is market is in a hesitant mood.
Yesterday closed at 3014,75 (ES 4:00). Seems like everyone and their dog is expecting a move up from here? + 0,5 % = 3030. + 1,0 % = 3045. I certainly think 3040 is a good possibillity for today, but will probably see some volatility during the FED release. I'm biased toward the upside anyway...
If someone were to go on an MLB forum and write everyday.... "The Tigers are going to win tonight"... eventually they will be right, even though the Tigers are having the worst season in all of major league baseball. If that same person has been doing this for each of this year's 100 games to date... in the eye's of those that follow the game, and wager on it... they have earned absolutely zero credibility with regards to their ability to proffer any informed commentary at all.