Looks like dollar recouping some losses, yen has energy pushed ES up.. Oil still at same level.
trade for tonight will be to let the asians hit stops above on /ES than around 2:30-3am prepare for selling pressure with the european exchanges opening. I think the selling pressure continues but the hedges are worried about deep pockets coming in (FED/Treasury) to catalyze short covering rallies.
nice call. where to now?
10 Month SMA?Looking at monthly chart IMO it is at breaking point, yet may still head towards 10SMA first.
notoday was a massive buy the dip moment--(posted Jan 4, 2016)