The decline from Monday is still looking quite sloppy to me, a fancy, technical term for not impulsive -- thus suggesting another new high at some point. That said, the action looks weak. I'm still open to price testing 1170, 1164, or even lower on the ES. I'm looking to be a buyer.
In other news, Greek and Portuguese bonds are showing stress again. Their problems are not going away and will gain importance soon.
No comments:
Post a Comment