Tuesday, June 19, 2012

ES Update

I have a lot of emails as you can imagine, I'm trying to get to them, several on GDX/miners so I'll update those next, for now, ES....

We saw a nice short squeeze in to the Guardian article, it moved ES up and changed the scaling, but the first area was already leading negative (1 min), now it's a bit worse, actually quite a bit worse. I think on a short term basis I may not have been the only one thinking that story was a quick gift.

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