I am sitting on my hands and waiting for the regular market to open before I place any shorts. The overnight market traded in a range, and is shrugging off continued euro weakness and weakness in commodities.
I believe the first hour should be strong, and will look to sell on a false break of 1100. Philly Fed could squeeze this market higher at 10:00. If I get filled, I will hold this short to the close, or perhaps till tomorrow morning.
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2 comments:
most moves are made overnight u have to hold overnight
What's the call, are we gonna keep going higher or is the lid here?
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