Thursday, June 17, 2010

Euro and ES Perspective

Ye' Ol" Range of Horizontal Resistance, It is busting the lowest line, but how else to catch those shorts hiding behind that "obvious" line.   We will see, the Euro has been pounded recently.

Last day of expiry, expect some ramp up and down, scaring people out of position.   And then a pretty neutral close, with some buying at the end as Pavlov's dogs salivate over ramp up Monday.

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Insightful and Useful Comment!