morning satchel and all-- very weak market overnight... may provide some support here but no reason I would want to look long yet.
Agreed. Also the gap below looks sexy The USD is testing levels, gold as well and who knows what else i am missing. I vote for a free-fall
when it's too obvious I get cautious... but actually a nice little runup just before or after the open may be even more reason to get short
as stated before, i'm no genius : ) A) it's funny to me that this Sund I went short in the 1250s and blah blah'd about recent saucer tops and a down week and be aggressive shorting this week. I've done none of those things : / B) because of FOMC and no reaction bounce yesterday, my finger-at-the-wind statistics is....the 'reaction' shows up the next day. just my experience on FOMCs.