"You can see the big boys pushing the index above the 55 day EMA into the close yesterday, to protect positions"
Hi Steveie
Which market are you refering to re 55ema?
I have both DOW and XJO below it?
I bailed today on the short. Probably took it to early. When the h&s pierced on Aussie200 IG. Should wait for close below the neckline.
Yanks fighting back late in trading gave me the jitters and back to neutral for me. No lead with futures atm so will sit this out.
Currencies rebounding against the USD as I type.
cheers
debono
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