Friday, September 17, 2010

S&P500 fake move above 1130 today screwed all world markets!

No explanations needed -- just pictures are enough!





And when was the last fake move? The day when Nifty hit 5350 -- ES futures went down below the sacrosanct level of 1040 (around 1:30 or something).

Is this leg of Nifty's run done and consolidation will begin next few weeks?

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