12 Feb

Volatile Friday afternoons are becoming the norm

Posted in Intraday Analysis by Bob English at 14:07:05 Comments are off

1:09 pm EDT:  For now, the ES has staved off a potential Friday meltdown, with trendline support at ~1060 holding earlier.  We do point out below, however, that this has been a volatile time of day over the last three weeks.  There are still rumors swirling regarding the Greece situation, so caution is warranted.

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