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jimkane
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T minus 5 minutes and counting... But we already have some indications from the spot FX market.
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jimkane
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It tells us it is going up, off the ABCD, after all? And they did what they almost always do, make it look like a hard sell to get the last suckers in?
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jimkane
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I don't know, I could see it breaking down from this little range here, from somewhere right in here.
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jimkane
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Hard to say. As I like to say, I never try to guess my way out of a range.
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jimkane
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Yep, it followed my best 'guess' and the read of it looking ready to break down. But, will it sustain? I'm not sure. It may just be bored game playing.
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jimkane
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Bearish ABCD to the tick, and it reacts down. But, will it now snap right back up? I suspect so.
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jimkane
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I do think it will make a run before the close, but up or down, I can't say. To me it's a coin flip right now. I'd prefer down, but it's no more than a coin flip to me. I just don't think they'll grind it here until the close. They might, but I think the odds are low. C'mon, break down...