Morning update (2):
They tag some stops (...) and now we are back above 1932. ES 1400 is a mini-battle.
Oil is dropping on the inventory numbers. I am very bearish for that sector and still expect prices in the 70's in the next few months. This drop should help NQ (NDX/QQQQ) hold a rally. That is of course if oil does not reverse and start a new bid. But the EUR/USD pair is down, normally bearish for oil and gold.
They tag some stops (...) and now we are back above 1932. ES 1400 is a mini-battle.
Oil is dropping on the inventory numbers. I am very bearish for that sector and still expect prices in the 70's in the next few months. This drop should help NQ (NDX/QQQQ) hold a rally. That is of course if oil does not reverse and start a new bid. But the EUR/USD pair is down, normally bearish for oil and gold.
This entry was posted
on Wednesday, January 09, 2008 at 1/09/2008 10:03:00 AM.
You can skip to the end and leave a response.
» Post a Comment