DislikedIMO I don't see any big money buying the EU... With all the big moves on Oil, Dow, S&P... The EU would have blasted off if any large money was wanting to buy. My guess is it will be choppy tonight until advance Jobs report.Ignored
Exactly what I was thinking today, while watching big rally in US equities, there should have been a bigger move in this pair to the upside. Looks like futures are currently in the green for now, but I'm expecting them to come down over the next two sessions and the we see a pull back in the SP/Dow tomorrw. Both indices stopped at the 38 fib from the recent move down.
May just be static, but from the PA it looks to be having some serious trouble moving higher right now. Could be just me though.
Also, I'm anticipating gold to come down some from its big rally today which should help w/ $$ strength, time will tell.
I was completely off on my analysis from last night, lets see if I can do better tomorrow.
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