Late Night S&P Futures Update (Palladium)
|1 min ES_f|
Quiet night boys, not much going on on besides Palladium (chart below). Most major index’s are all but flat, the dollar and currency cross’s are quiet as much digestion of today’s bizzarly easy 2.2% rise. I would not be surprised if tomorrow we just sit around doing nothing but chopping up and down unless we get a real catalyst…
Other then the above levels i think we should focus on the 1200 level of course as its psychological influence. Notice yesterday the close was sold very hard with volume. My take on that was just a massive selling of the BIGS down to 1175 to make it appear shorts were positioning themselves, though it was all a play to get em’ (the fish) in before they ripped the son of a bitch to 1207.75 like it was standard operating procedure.