Thursday, August 2, 2012

Continued Intraday Volatility Until a Snap

The market seems to have certainly priced in more than Draghi delivered, again this is just a guess, but I'm wondering if we aren't going to see wild volatile swings most of the day until a sharp crack lower?

 ES 1 min positive divergence-small but intraday positive.

 This kind of volatility to keep up.

ES is heading down, the model is as well, meaning risk assets are heading down.


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