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Looks like we are on track to finish as suspected. This would definitely be a corroborating day for me to continue on forward. Close should be over 20 by the looks of it.
Just looks like a flat line right now. The powers are really trying to hold 1370, for some reason this is significant to them. I am really only concerned about the Italian bond auction tonight.
it's trying to close above the 50 DMA. it's significant to a lot of technical traders and machine robot trades. if it fails, it will continue down trend.
I think there is enough money floating around from the LTRO to cover the Auction tonight and make it appear as if everything is alright. Banks stocks should see some reprieve.Anyone smart enough to know better will snicker at the results and I believe it will be confirmed in this product tomorrow for you...