We broke the 10 dema and broke 9 day lows. The market is overbought and Germany just had terrible growth figures (see Mish blog).I quite like shorting here with s/l above Monday's open but that is quite aggressive and we didnt hit the 7850 mean Gann target posted a few days ago so I wonder if one more spike to come ?
Options Expiration on friday at 13:00 could make one more spike and january is a important one.
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