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1 min ES |
As you can see 1196.25 was the high so far.. we are stuck in a 1195/1190 range as the dollar is keeping the kabash on equities and crude oil shooting up... DX trading over 79.30.. tug of war between euro and dollar is causing a war between bulls and bears in the index's and OIL is as volatile as ever..... this really is not a bull or bear issue with equities.. its a currency game.
98.5 was a big support level in CL which showed quite a bit of volume when it broke.. now is minor resistance .. along with 1194 ES.
Jack in the box.. market goes down but someone is always turning the crank....
Posted in: Chart,Market,SPOOZ