Tuesday, October 23, 2012

At least stocks have caught up to crude oil

So should the question now be....what are stocks and crude oil trying telling to tell UST and EUR??

Back in ZN market profile space, the same price area has indicated its gravitational pull.  The move out of this area will be humongous...but that may not happen until after FOMC tomorrow.

Buying dips is still the name of the game.  Perhaps stocks will have another roller coaster day (cross your fingers) and we will have an opportunity to buy a dip in UST.

govttrader out...

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