To be quite honest I expected few days more to get here. However if we will not turn up at this point than the long only guys will start panic. I see very serious support in EUR about 30 tick lower so here can be some downside for indexes as well. If that will break than really fasten seat belts.
Understand your point, however euro can dump 30 pips with very little effect on ES these days...will be nice though... NiN
I wouldn't be surprised to see a rally to 1200 on an Irish bailout, if people would just drink more Guiness they could export there way out of this mess.
thanks for the post i will be tracking these buy one sell one. i plan to do the same with photos etc so i can express my trading style
1190 between now and Friday is a whole other matter. It's only a trend-day away from current levels. Dammit, would someone take away that anvil sitting on the indices?
on a larger frame we could test 1120 again. Someone is sitting on the ask though, so longs for a scalp until some news comes in.
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