EURUSD--Bastille Day, 2011
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July 14, 2011
July 8, 2011
S&P 500 -- Friday, July 8, 2010
Ok, that pattern noted yesterday afternoon (and first noted in the futures by @nictrades) seems to have been valid.
Market has fallen to a minor Fibonacci level of that impulsive up pattern, at 2.058. Around 1336 in the cash, 1332-1331 in futures. Through that and the next major support would be around 1320.
July 7, 2011
S&P 500 -- Thursday, July 7, 2011
Not meant as encouragement for faders. Really. I would never do that.
July 6, 2011
EURUSD--Wednesday, July 6, 2011
