The long is much more likely at this level...but I'm flat after 4 scalps today.
Short if we can break the pivot / 46-48 level with force.
Star has a nice entry on the swing long. Barring euro silliness of course, but logical and probable.
shorting this bounce is a good idea as the pivot and r10 look weak. May not get an entry, but 42-44 looks in the cards.
Weary of being short for anything above a scalp though. My $.02
Gonna visit the 47-49 band? Cypriots are not happy....nor will the rest of the small fries once they get fleeced as well.
America's time is coming, but not today.