Market seemed very flat today which to me is bearish coming off a down day yesterday. I'm expecting some selling first thing tommorrow. Fair bit of bad news today was totally ignored by the market. I doubt major players want to be holding into this weekend which includes the usual Friday malaise on options week.
Any reason for the huge upswing in the futures tonight, is there a possibility the markets rally into the end of the week erasing all losses from the beginning of the week. S&P FUT 1186.0 8.5 +0.72% DOW FUT 11059.0 64.0 +0.58% NAS FUT 2111.75 14.75 +0.70% OIL 81.04 0.6 +0.75%
Nice comments guys. Petsamo: no I am not deadb, but your pics are really funny. Shortie: when did in the history of market a cash poor guy ever moved a market? Guys: eur/usd is now at 1.3696. I am out of the long. I checked twitter. The experts either become silent on the blunder of shorting at the bottom, or become timidly long. Some still have short stance, and are putting resistance at 140 pips away (posts made when EUR/USD at 1.36) which tells me they want to call markets but not be called. Tomorrow is expiration. Let us see if it will range bound. I have my opinion on EUR/USD and market, but I will double think it.