I’m not buying this latest breakout, but has made for some nice intraday trading this week. BANK broken out to new highs today and was the first indication that we would move higher at the daily pivot. Today was a very technical day on the EUR/USD, as well as ES. The bias this week is clearly more upside, so we will remain cautious as a push lower should come in the form of a large body candle in one swift move.
Tuesday, April 6, 2010
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