Wednesday, December 07, 2011 4:07:44 PM
Looks like we wait until tomorrow. I believe, this has been rumored all week, that the ECB will anounce a Rate Cut tomorrow, along with the start of the summitt should give markets quite a boost ahead of the open.
Lots of late day positioning ahead of tomorrow what a finish to the day.
Notice on the Daily chart how the Bow Tie, as Bob calls it, created by the extension of the previous triangles trend lines is still affecting price.
Lots of late day positioning ahead of tomorrow what a finish to the day.
Notice on the Daily chart how the Bow Tie, as Bob calls it, created by the extension of the previous triangles trend lines is still affecting price.
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