I think we are seeing a supply shock this morning. This means that while the ES has already reached the low end of today's range estimate, the day's low will probably be 1125 or so. It also means that this drop is likely to carry the market at least to 1110 and more probably to 1090 over the next week or ten days.
More details later.
1 comment:
congrats to you..you been reading this market very well
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