As posted above I switched to long just before ECB rate decision, so didn't get short as quickly as I would have liked, but still plenty of down for everyone.
:)
I would be guessing if I said there was ANY support anywhere at present. Last full week of trading means liquidity will be low, prices (on everything) will either move nowhere all week, or else moves will be humongous and slice through normal support levels like a hot knife through butter.
Clearly the complete denial of ECB that QE was even an option accounted for the last week. US data getting better so no need for QE3 either (?). $1600 looking like a tough level to break at the moment.
Consolidation time most likely but anything can happen. Good luck!
