MANY of the major indices have quickly retreated to the middle Bollinger Band. They could bounce a bit at any time. But major support at the long uptrend line awaits testing…
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Not only that, but noticed tonight that on the /TF running contract, the daily chart is the only one holding the 100d SMA (/ES, /NQ, and /YM all have broken below it).
Good luck Scott!
Scott, whats the reason for the yen spike?
as far as I know the Bank of Japan pumped the money into equities, right?
repatriation of funds? I read insurance companies have enough already to cover the cleanup costs
a stronger currency is supposed to favor Japan now as they will be importing materials to rebuild
who is buying Japan bonds??
Bounce day, attempt. SELL SELL SELL !
========== in other news –
Cavuto: A Major Earthquake in North America Imminent?
http://www.foxbusiness.com/on-air/cavuto/transcript/major-earthquake-north-america-imminent
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http://www.futureofmankind.co.uk/Billy_Meier/Contact_Report_392#Contact_Report_392_Translation
Date/time of contact: Saturday, June 25, 2005, 4:31 PM
Ptaah:
23. According to our preview, in the area of the North Pacific – not far off the American coast from Portland and in the south of California all the way up to Washington in the north – a gigantic fault of several hundred kilometers will come about by means of a seaquake measuring 9 on the Richter scale, by what means a hitherto unprecedented seaquake-tsunami will spread out in a ring shape and cause immense devastation on the mainland and on islands and also claim many human lives.
24. The seaquake will last for about 5 minutes, after which many other and milder quakes will then follow and will also trigger another smaller tsunami.
25. Some facts concerning this threatening danger are known to the terrestrial scientists, but they aren’t able to grasp the genuinely developing catastrophe.
Seriously, you are into some fucked up shit.