Quote:
Originally Posted by Vanity
We are definitely biased to the downside, but there's always 3 different scenarios on the table at all times. Right now I think if we break 1305, we're headed to 1265-1215 (maybe even 1200), and from there we can analyze whether or not we're looking at a big 2nd leg up, or a crash down. If we break 1335, we might be headed to 1420 (but no new high made, but certainly has the potential to be damn close imo. A mother of all kahuna crashes would be setup for a major short up here, in this scenario).
1305-1335 trading range for now imo, with a bias to the downside but anything is possible as always. We have expirations and dividends this Friday. Might be a push higher on that alone into the weekend, not necessarily to be interpreted as a speculation on Greek election results. Sam I hope you suck up all this information and become the most successful kid in your Undergrad  |
Thanks
I appreciate that
And I will definitely keep an eye out for any signals before this weekend (in FX markets)