Thursday, June 17, 2010

Squeeze Continues

Euro is up again today with a stronger European market and despite bad economic numbers, we have a gap up.  I think we'll likely sell off a bit from the open because 1115 is stiff resistance.  It can go either way today, so I will just watch for now.

2 comments:

Petsamo said...

Europe ignored the sell off in Japan & the Hang Seng, and the bad employment numbers. Then 15 minutes prior to the open, there was a rally? Once we top off in the S&P, a crash is more & more likely.

iv said...

hows the squeeze for longs now...short ES from 1111..stop 1126