Something is weird… the Euro is up now, the dollar down. The Financial Reform bill failed, which should cause a rally tomorrow, but the market is down a little in afterhours, instead of rallying?
my 2 cents is this: To get this crash business going your going to have to have an event. The technicals waited for it but it didn't happen.
The govt's don't want the Euro to crash. Greece isn't going to leave. The fed and the ECB checked rates today. ie possibly a Warning of possible intervention. Euro had a nice turn around today to the upside. So I think there is a possiblility of intervention during Europe time overnight. So the S&P jumps to 1138 or more, depending on what the ECB does. It is opx week and all this can add leverage fuel to the Euro rally
Hey folks, a diamond formation is starting to form on the 60min june emini sp
this is bearish (I think)
my feed just changed to 111.76
Something is weird… the Euro is up now, the dollar down. The Financial Reform bill failed, which should cause a rally tomorrow, but the market is down a little in afterhours, instead of rallying?
my 2 cents is this: To get this crash business going your going to have to have an event. The technicals waited for it but it didn't happen.
The govt's don't want the Euro to crash. Greece isn't going to leave. The fed and the ECB checked rates today. ie possibly a Warning of possible intervention. Euro had a nice turn around today to the upside. So I think there is a possiblility of intervention during Europe time overnight. So the S&P jumps to 1138 or more, depending on what the ECB does. It is opx week and all this can add leverage fuel to the Euro rally
From the shills
http://data.cnbc.com/quotes/spy
Scottrade & Thinkorswim
111.76
Then good news for the bears….
Thanks – you are safe Red. Is sold half the May's because I didn't want to risk it.
I have 111.76
yahoo says 112.06!