Wednesday, June 5, 2013

BTFD Again

This dip has lasted a bit longer than the previous ones, but the market seems hesistant to go down much.  1620 is a floor for the ES and you can buy here looking for another run higher after the jobs report.  Once the jobs report is out of the way, there are no more negative catalysts with Japan sufficiently deflated after the air got too thin in Tokyo.  Expecting 1650 before 1600. 

1 comment:

ilya said...

I think the floor just leaked