Friday, January 14, 2011

Playing Fool

European bastard child was trying to fool with false move to the downside this week. What is it going to do this time?

Click on chart to enlarge, courtesy of Commerzbank, my annotation in red.

As far we all know the market does not care how far the "fundamental can" is being kicked down the road, so watch  - how the animal spirits have been set free?

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