sp'60min
sp, daily5
Summary
Look for a reaction to this mornings Bernanke talk AFTER they close the session, sometime around midday.
I remain on the sidelines, but standing by to short later today, target zone is 1365/70.
Stay tuned
Tuesday, 17 July 2012
10am update - Time for Bernanke
A reasonable start to Tuesday - although the gains are now fading, the break over 1360 does open up 1365/70 within 3-5 hours. It is going to be very tempting to short today if the hourly cycle starts to rollover after lunch
sp'60min
sp, daily5
Summary
Look for a reaction to this mornings Bernanke talk AFTER they close the session, sometime around midday.
I remain on the sidelines, but standing by to short later today, target zone is 1365/70.
Stay tuned
sp'60min
sp, daily5
Summary
Look for a reaction to this mornings Bernanke talk AFTER they close the session, sometime around midday.
I remain on the sidelines, but standing by to short later today, target zone is 1365/70.
Stay tuned