We'll see where they lead, but if I hadn't seen the 3C charts of the averages, I'd say we are looking at a significant decline to the downside overnight starting soon.
Tuesday, December 9, 2014
Index Futures
It's a hard call as they continue to look very bad, in addition, often very tight, dull looking price ranges are where we see the heaviest underlying activity, all of the Index futures look like this...
All still have deep leading negative divergences like ES above and all have SUPERR TIGHT ranges, very strange and manipulated looking.
We'll see where they lead, but if I hadn't seen the 3C charts of the averages, I'd say we are looking at a significant decline to the downside overnight starting soon.
We'll see where they lead, but if I hadn't seen the 3C charts of the averages, I'd say we are looking at a significant decline to the downside overnight starting soon.
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