Wednesday, December 1, 2010

E-Mini S&P


 Yet another overnight futures run. They either run ridiculously up or down. It's gotten to be a charade, but it's the market and we deal with it, where gaps are the norm. When there are too many bulls, they gap it down and when there are too many bears, they gap it up.

 We are close to entering the bullish pitchfork.