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ES Journal - 2013
- Thread starter Trvlwanderer
- Start date
Next stop 1620. Target, stop 1562
Can't see how ecb rate cut and printing is good for us market. With deflation an issue in Europe, a strong euro not good for that and a weak euro not good for USA.
Price action weekly says consolidation, monthly still horrendous. 1600 will be a tough nut to crack. Path of least resistance is now down to fill Dec 31 gap.
Price action weekly says consolidation, monthly still horrendous. 1600 will be a tough nut to crack. Path of least resistance is now down to fill Dec 31 gap.
Quote from mastacoli71:
Can't see how ecb rate cut and printing is good for us market. With deflation an issue in Europe, a strong euro not good for that and a weak euro not good for USA.
Price action weekly says consolidation, monthly still horrendous. 1600 will be a tough nut to crack. Path of least resistance is now down to fill Dec 31 gap.
Monthly still uptrend.