As it has been a good trading week, selling the ES near 1420 and holding for the 1383 range today, we got the job done and will look for a sell near 1400-07 again, or look to nibble on the long side for a swing trade @ 1360 down to 1340 which is the 50% retrace area from the 1253 to 1427 move we have had the last 6 weeks. The news vortex is full on now as there is nothing left to wait on news wise or econ wise today. Friday I’m in Love. Have a great weekend. Oil ticked 126.17 might be time for a break but it may run to 200 a barrel before Memorial Weekend first.
