Friday, May 14, 2010

Euro Action 5-14-10 Sarkozy rumor / almost '08 low tag day

Heavy buying of 1.2450-60s range 
Followed by another leg down, resistance diagonal break since late morning and rally:

 Internals heavily pointing down for indexes, ES_F "underperformed" USD/JPY (made lower lows when usd/jpy made higher lows) before the big move down:

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