Tuesday, September 28, 2010

Shorted

The past 2 days consolidation of Friday's upmove is bearish to these eyes.  I am seeing a weaker dollar that is pumping up gold, yet we can't get the ES to make new highs.  I am short and looking for weakness in the next 2 days.  A gap fill of Friday's open gap awaits.

2 comments:

Petsamo said...

I heard on the news that today's rally is due to German confidence and improving conditions in Britain. If you can't find good news here. Find overseas!

Anonymous said...

Markets not falling on bad news either ie consumer confidence