Dislikedlol..keep you shorts on....
same as yesterday mostly...using 3480/85 here, 3517/30 above, and the bastardly 3442 below..Ignored
Yeap 7 consecutive test in row of the top of the range (6 of the bottom) in equal number of days. Range is not going to last much longer but US Holiday tomorrow.
FA consolidation so far this week and the long side is gaining momentum by the minute with all the bla of eurobonds, plus they definitively overshoot with the bond markets last week with too many wrong players Austria, Holland, etc and even Spain are with bonds completely dislocated from reality. Knee jerk reaction so not sustainable. On the other side, US is pure BS on the deficit, budget, whatever....Election time coming soon so pure noise and nothing real there.
TA same range daily of last week. Beyond 1,39.xx area is starting to look interesting after this wave down for a max overshoot on the move before year ends on stock markets rallying and closing inside of the weekly range 1,36xx / 1.38xx/.
Intrday Frank/London trailling time as we are testing the bottom of the consolidation and let see if we can finally reach 1.334x / 1.330x....I hope you are still riding those short....
sisse
Pending conversations? PM for a chat...I am mainly in OTM now
