*Should say 9:30 am (8:30 am my time zone)...
Given the recent Eur/Usd run to nearly 1.30, I am playing the probability of an exhaustion gap for Friday Nov. 23, 2012 market open. There is also the possibilty of some pint up demand come Monday, given the fact that market had a short week with low volume and many are on vacation.
Exhaustion gaps are a sign that price movement or the trend is exhausted. So it is possible that the S&P runs to 1400 or stays steady inbetween 1388/1391 support/resistance and 1399/1402 resistance. Either way I beleive the recent move is ready to reverse next week if the Eur/Usd does not fully correct and price back to 1.2695 - 1.2815 previous trading congestion.
thepatternsite.com/RisingWindow.html
Given the recent Eur/Usd run to nearly 1.30, I am playing the probability of an exhaustion gap for Friday Nov. 23, 2012 market open. There is also the possibilty of some pint up demand come Monday, given the fact that market had a short week with low volume and many are on vacation.
Exhaustion gaps are a sign that price movement or the trend is exhausted. So it is possible that the S&P runs to 1400 or stays steady inbetween 1388/1391 support/resistance and 1399/1402 resistance. Either way I beleive the recent move is ready to reverse next week if the Eur/Usd does not fully correct and price back to 1.2695 - 1.2815 previous trading congestion.
thepatternsite.com/RisingWindow.html
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.