Sunday, January 22, 2012

Sunday Futures Open Down

The last minute ramp up on Friday afernoon popped alot of short stops.  

Alot of those shorts will be sorely disappointed when trading resumes and they were taken out before the anticipated move down.

As always, nothing is guaranteed, Cable and Euro seem almost ready to breakout upwards, that would likely drag US equities higher.   We should know soon whether this is real or whether that was a blow off top for the "anti Dollars"

Keep in mind, my "secret indicator" went off last week, historically, when that indicator goes off, the market move down 9% to 15%.     That indicator also kicked off the tumble into the 666 lows of 2009, just saying.

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Insightful and Useful Comment!