The Euro is in a position similar to the one in the Pound.
JI
jimkane
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At least they've ground it back up to the recent intraday range top. Technically, it really 'should' break up now (very short-term intraday (yes, I know the RTH is over)).
JI
jimkane
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And that, rat, is what I think every day would be like if the manipulators disappeared. That is, once the ES reset to 'fair value', which in my estimation would be around 400. But, of course, that will never be allowed to happen, no matter what. And, once the dollar starts to really lose buying power the ES would likely rise in nominal terms even though the purchasing power of a 'share' would decline (the 'in real terms'). So, we'll never see 'fair value'. Bottom line, without manipulators, the bane (and savior) of my existence, this would be our fate day after day, in my opinion.
Originally posted by rat89
price has spent hours going basically nowhere
JI
jimkane
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Now up in the very short-term? It hardly seems likely. But, it's set up for it...



