Thursday, December 15, 2011

Thus far everything has gone according to expectations.


We knew the Euro would breakout yesterday, but it literally broke out almost right after my late night post, look at the time stamp at the bottom of the chart, and broke $1.30 as expected.

As for ES, there's the positive divergence from last night's low and another one very early this morning and a negative divergence going in to the open, so lets let trade settle a bit and we'll see what we can do with this bounce.

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