Yeah I figured that, but I was looking at that "community thingy" lol, like a twitter trade thingy. That caught my attention.
Well looking at daily chart Euro is likely to fall but till when 12440,12380,12250
possible
chart is attached..
Good luck Guys
Just to remember you guys Patience is the key of success
I am getting the feeling that this was just a clear out to suck in the bulls. Price action is slow.
Just a whiskers shy of the 38.2 Fib level. This area is huge resistance. Sellers should be starting to pop up here. If we get by that the X are the next points of reversal.
The media and EU talks like these "stress tests" are a good, accurate, be-all-end-all barometer to tell the world the "real" condition of the banks. When it appears the EU picks and chooses which banks to gauge, and which banks to ignore.
I hope somebody makes it clear that these tests are at best subjective and at worst manipulated.
....The first weeks of summer 2010 have brought with them a series of ominous events, quite possibly harbingers of a new wave of panic at the door. In one 5-minute period, the stock of Citigroup, one of the leading US zombie banking institutions, collapsed 17% within a few minutes, and the stock had to be halted. A vigorous intervention by the ubiquitous Plunge Protection Team clawed back much of the loss, but Citigroup still closed down 7% on the day — a rout.
Or they could always be just messing with us while they flip coins till this stress test brings enough volatility to do what they want
