Tuesday, November 20, 2012

Looks like a1400 to 1425 upside pop on the /ES before new lows..

So far I see no indication that we've bottomed out in a way that builds a sustainable base that the nyfed can commence it's upside skew/molestation. One observation is climax selling volume as the chart below shows there hasn't been any yet though cycle timing wise you might expect one beginning any moment...perhaps a test of 1400 is needed...

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