Ok,back to the topic. What you guys think about this quick TA from Armstrong? http://www.armstrongeconomics.com/archives/35296
Decision time, close friday will tell a story that will be the narrative for a wee while. IMHO a spread here would be FUN! Fridays 24th candle is for my sake hopefully a peirce
A fake movement, everyone looking to go short @ below 1080 or below the trend line then it breaks picks up a heap of short contracts and reverses, These shorts provide fuels for a move in the other direction.