Monday, June 2, 2014

Monitoring Developments (Steady Eddy not so Steady)

Losing the 30 week SMA after 16 weeks is impressive for the bears.

The short term path of least resistance is down.

Euphoria in the stock market.

Action packed week here ( Data dump and ECB meeting)

  • ADP Weds
  • Super Mario Draghi gets on the mic Thursday 
  • Non Farm Payroll Friday

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