USD sell pressure continues. Prospect of equity xmas rally strengthens. http://www.elitetrader.com/vb/showthread.php?s=&postid=3368912
European action today with US closed due to holiday, reveals the increasing global instability and conflicting market consensus. This is yet another warning that the next crash will be severe and worse than 2008.
I am short the December SPY 117. I sold 40 cars at 3.72 average price. Lets see what happens on December 19.
there is a chance they hit this line on friday or monday,may bounce or break,but if it stays symmetrical with the left side of the chart it may bounce and go back to upper channel line