So far a dead cat bounce at least. The futures settled around 1088 after a false breakout to the upside and a selloff into the close.
Next week should give us a clearer signal by how it moves out of its current trading sphere, up or down.
"A new, invisible and at times virtual, tyranny is established, one which unilaterally and irremediably imposes its own laws and rules. Moreover, indebtedness and credit distance countries from their real economy and citizens from their real buying power. Added to this, as if it were needed, is widespread corruption and selfish fiscal evasion which have taken on worldwide dimensions. The will to power and of possession has become limitless." Francis I, 16 May 2013
So far a dead cat bounce at least. The futures settled around 1088 after a false breakout to the upside and a selloff into the close.
Next week should give us a clearer signal by how it moves out of its current trading sphere, up or down.