DOW +31, S&P +4
After a strong rally from the lows, the Futures have opened the after hours session a bit higher. DOLLAR has dropped and EURO is stronger but we will have to see more follow up rallies in Asian and European markets.
I am looking for SPX 1130/32 as first resistance with the EURO rising rallying to 126 or higher. It is good time for ECB intervention, after the EURO has bounced from the bottom with many still short. However, recently there hasn't been as many currency interventions as pre-2008 ...
FUTURES rising in after hours session.
Started by
dTraderB
, May 19 2010 04:13 PM
6 replies to this topic
#2
nicolasillo
-
- Traders-Talk User
- 1,441 posts
Member
Posted 19 May 2010 - 04:15 PM
4pts???
this thing is doing +/-20pts just for fun these days.
are you joking?
#3
arbman
-
- Traders-Talk User
- 19,504 posts
Quant
Posted 19 May 2010 - 04:18 PM
Well if it goes 4 points per hour, they can add up quite a bit till morning... 
#4
nicolasillo
-
- Traders-Talk User
- 1,441 posts
Member
Posted 19 May 2010 - 04:27 PM
Well if it goes 4 points per hour, they can add up quite a bit till morning...
#5
dasein
-
- Traders-Talk User
- 7,696 posts
Member
Posted 19 May 2010 - 07:26 PM
Nikos - what's with the rumor that greece is going to leave the EU?? sounds good to me, but hardly realistic - or?
best,
klh
klh
#6
tommyt
-
- Traders-Talk User
- 5,136 posts
Member
Posted 19 May 2010 - 07:36 PM
DOW +31, S&P +4
After a strong rally from the lows, the Futures have opened the after hours session a bit higher. DOLLAR has dropped and EURO is stronger but we will have to see more follow up rallies in Asian and European markets.
I am looking for SPX 1130/32 as first resistance with the EURO rising rallying to 126 or higher. It is good time for ECB intervention, after the EURO has bounced from the bottom with many still short. However, recently there hasn't been as many currency interventions as pre-2008 ...
intervention? no..today was clearly the FXE/Gold trade being taken off.
#7
nicolasillo
-
- Traders-Talk User
- 1,441 posts
Member
Posted 20 May 2010 - 02:59 AM
Hi K,
no idea what they say in Greece....i dont trust politicians, i don t trust politicians in Greece even more .
