ES Channel
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Market appears to be trading in a narrow channel, eventually it'll break. But for now it appears to be a slow melt up towards Christmas.
Futures red right now but I don't expect a collapse this week.
Futures red right now but I don't expect a collapse this week.
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Watch the indicators, they're overbought....Not sure if the bottom trendline will hold.
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All kinds of whipsaw because the ASians and Euros are not on the same page. Yesterday Asia sold off, Euros bought back in but dmped on open.Tonight I think teh Asians buy and Euros dump. Gap up and dump tomorrow is my projection because tomorrow is Thursday.
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