Once again its that time of day again, its time for another Euro 2012 match. Tonights battle is between the mighty Germany and the insolvent Italians.
I will again recommend...(within SEC regulations I believe)...long... Germany!
Meanwhile...back at the casino...
*micro-wave'2 (black count) might already be done, a baby bear flag...if you see 1313s before the close, then we're probably in micro-wave'3.
A close under 1320 would certainly be preferred right now, anything in the low 1310s would be more than good enough, and open the door to a nice gap lower tomorrow morning in the 1300/1290 area.
The VIX remains somewhat quiet, I'd like a close at least in the low 21s.
*a few other notable issues today..
-FB breaks $31.....initiating a sell signal in my view
-Silver breaks a new low (back to November 2010 levels), with probably at least another $4 to go..maybe a lot more if sp can break 1100 later this year.
More later..but I do have a match to focus on too ;)