Tuesday, December 9, 2014

Testy, Testy, Futures Get REAL UGLY Again

Just like last Friday 11/28 and Sunday 11/30 before the open as futures dropped rapidly right in to Monday morning's open. Again last Friday December 5th and overnight last night (Sunday) Index futures looked real ugly; when I saw futures pre-market down as much as they were,  it wasn't a surprise considering how ugly they were Sunday night, Sunday Night Index Futures
 

Once again tonight, they are looking just as ugly and if I'm correct about today's short squeeze being used to get market makers and specialists back to even as the open would have had them holding inventory from Friday's close at deep losses, then perhaps we are about to see something a lot uglier that sicks considering market makers and specialists have filled the gap and were able to rid themselves of inventory at higher levels.

I'll post the charts in just a few minutes 

No comments: