Interesting that Europe was red throughout the Asia session and...

Interesting that Europe was red throughout the Asia session and now it's caught the bid and is green. US markets are flat now. Let's see if they catch the bid tonight. DAX is now nearing the 10500 zone. It likes the 10400 to 10600 zone a lot. If retail numpties continue to pile in shorts, it may finally break above that region and soar to 10700. On the other hand, pull back if any, is likely to be reasonably small as it is likely to be bought by money managers. Too many are waiting in the queue to buy dips. Bad risk/reward for shorts.... SPX really looks like it wants to go to 2200 and kill bunch of shorts before there is any pullback. Wait and watch I suppose.