The market should bottom around 1425 around on the ES tonight I believe. Then it should turn back up by tomorrow morning, but at the open Thursday the SPX and the ES are going to be pointing in different directions.
Not a good day to trade as it’s likely to whip traders around as the ES pushes up and the SPX pushes down. Could be the same on Friday too if the charts don’t line up pointing in the same direction.
Dozens of UBS staff manipulated the Libor rate,
which is used to price trillions of dollars worth of loans across three
continents, in collusion with brokers and traders at other banks,
according to an international investigation.http://uk.reuters.com/article/2012/12/19/uk-ubs-libor-idUKBRE8BI00L20121219
This coming Friday is another “eleven” day as 12/21/2012 equals 1+2+2+1+2+0+1+2=11… and many (not all) important highs happen on 11 days. Upside possible target is 1451 on the ES.
Bank of america bearish engulfing: http://niftychartsandpatterns.blogspot.in/2012/12/bank-of-america-bearish-engulfing.html
The market should bottom around 1425 around on the ES tonight I believe. Then it should turn back up by tomorrow morning, but at the open Thursday the SPX and the ES are going to be pointing in different directions.
Not a good day to trade as it’s likely to whip traders around as the ES pushes up and the SPX pushes down. Could be the same on Friday too if the charts don’t line up pointing in the same direction.
SPX Analysis after close: http://niftychartsandpatterns.blogspot.in/2012/12/s-500-analysis-after-closing-bell_20.html
Dozens of UBS staff manipulated the Libor rate,
which is used to price trillions of dollars worth of loans across three
continents, in collusion with brokers and traders at other banks,
according to an international investigation.http://uk.reuters.com/article/2012/12/19/uk-ubs-libor-idUKBRE8BI00L20121219
if you guys find some more info, along the way, put in a link.
this could be a watergate for bankers! what do you think?
CRUDE Oil triangle breakout: http://niftychartsandpatterns.blogspot.in/2012/12/crude-oil-triangle-pattern.html
SILVER Chart analysis: http://niftychartsandpatterns.blogspot.in/2012/12/silver-bearish-pattern.html
This coming Friday is another “eleven” day as 12/21/2012 equals 1+2+2+1+2+0+1+2=11… and many (not all) important highs happen on 11 days. Upside possible target is 1451 on the ES.
GOLD Chart analysis: http://niftychartsandpatterns.blogspot.in/2012/12/gold-chart-analysis.html
Apple update: http://niftychartsandpatterns.blogspot.in/2012/12/apple-chart-update_19.html