Everything still looks to be on schedule. The price action today was very weak. If the selling starts tomorrow or Thursday, it should start to accelerate very quickly. I see a possibility for one more move up to around the 1100 - 1120 area, but right now that doesn't look very probable. Watch the news closely tomorrow...particularly in the first few hours while the European markets are still open. Any significant bad news could really start the sell off.
No comments:
Post a Comment