Closing Indications

My guess is over the weekend or perhaps Sunday night/Monday morning we'll hear how sentiment has soured over Greek concerns or the fiscal cliff, that's my guess.

As far as the market close... A bit interesting.

 During US market hours and particularly from 12-1, the closing hour, the Euro made a nice move up, this of course is positive for the market, negative for the Dollar and after the US market closed it started moving flat.

 A longer view shows $1.30 coming up for the currency pair, I think it will break through, but not without a fight and that may be what sends the market on a pullback, an initial rejection of $1.30 next week.

 Here's 3C on the EUR/USD and note the negative divergence in place today and especially later today before the US markets closed.

 Here's ES with 3C.

 Here's a closer view, as soon as the US market closed at 13:00 (1 pm) ES dropped .

The same with the NASDAQ futures, as soon as 13:00 passed, it dropped from the high of the day which was right at the US market close-LOL!! Wow are they obvious.

Since then and it's only been 30 minutes, here's what the EUR/USD is going now...

If the market were open now, it would be dropping too, but now the market is closed, the final print for the week is in, the currency pair is free to move with the natural market forces.

I hope everyone has a FANTASTIC weekend, we should see lots of opportunities next week!