No charts just now, just a quick shot at the day's activity.
ES is rather flat, just now a little lower due to more concerns in Europe about Greece. European markets took the morning lower 1%.
All eyes on the Fed announcement today at 2.15pm ET... much anticipated Operation Twist is on the lips of market observers and analyst. Expect the volatility to be wild and lost for directions...
This are times I would prefer to stand on the sidelines and wait a day or two for direction.
The USD futures and the Euro futures should cast the directions IMHO.
Have a good one!
The MadScientist
21 Sep 2011
Note: Any material posted here is of my sole opinion, and my opinion may differ or change. This is NOT a solicitation nor advice proceed with anything else as a consequence of reading these materials. The materials presented here are intended for educational purposes only.
Wednesday, September 21, 2011
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