The DOW and S&P 500 are likely to rollover; possibly huge correction in April or mini stock market crash. (CUR does not follow the markets, never has.)
Search the Zerohedge article (3/21/2014 ) titled........""Who Just Dumped $220 Million Nasdaq Futures In 1 Second?"
Here is an excerpt:
At 10:27:21 ET, the Nasdaq 100 e-mini futures contract suddenly dropped on extreme activity as someone decided it was an opportune time to dump 3000 contracts or around $220 million notional. As Nanex notes, the ETF - QQQ - also collapsed (with over 1200 trades in 1 second) as bids and offers were crossed and markets went flash-crashy for a few tenths of a second. The questions is - who was it? Waddell & Reed?
1. QQQ Trades (cicles) and NBBO shaded red when crossed (bid ask), yellow when locked (bid = ask), or gray when normal (bid
Nice move as expected. Today's close important to see how soon we get over $5. DOW looking interesting, we may be making new highs in the next 2 weeks, hopefully. This is regardless to how world events are trying to scare the public.
Wow new high on the DOW, never saw that coming, lol. Amazing how the chart says one thing while news sources try to scare everyone with threats of Russia and Crimea etc. Also, dont see the set up of CUR making a move to the pivot level of $6.10, now that would be weird. I think buying safely once CUR breaks above $5 will be one of the easier ~ 20% returns of the year, IMHO.