This is getting as monotonous as it gets…
It is not rinse – repeat anymore…it is "hey, good morning folks, lets do our usual bullshit act – buy from each other on borrowed money – we are not going to be around when fecal will hit the big populist fan"
Pardon me saying it, but this is exactly the feeling I have.
Anyhow, /ES channel continues to work magic, I am trading it, but watching really closely for possible breakdown – don't want to be caught off guard. Did few /es trades and 3 /NG "close long-short/cover-long again now" – crazy contract, but drop after hours provided entry right where I really wanted it.
Few charts…
ICSC-Goldman Store Sales
7:45 AM ET
Redbook
8:55 AM ET
S&P Case-Shiller HPI
9:00 AM ET
Consumer Confidence
10:00 AM ET
State Street Investor Confidence Index
10:00 AM ET
4-Week Bill Auction
11:30 AM ET
Farm Prices
3:00 PM ET