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Rubber – Meet Road
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Rubber – Meet Road

Rubber – Meet Road

by The MoleFebruary 12, 2009

UPDATE 9:39: Now, that was a nice little treat for a delta negative rat like me. My Feb SPY puts are smiling big time 🙂

We got ourselves a clean breach here and it’s just a matter of time now until the rest of the damn gives. Yes, we might slip back into the triangle today but the damage has been done and this is a significant event.

But hre is the really good news: Yen is heavily oversold already and the ES futures were dropping along – nice. However, keep an eye on the NQ, as it’s making a run for the upside right now – it keeps being the leading index, so let’s see if the ES will follow. If so we might fill that gap before we drop further.

About The Author
The Mole
Mole created Evil Speculator amidst the chaos of the financial crisis in early August of 2008. His vision for Evil Speculator is a refuge of reason, hands-on trading knowledge, and inspiration for traders of all ages and stripes. You can follow him and his nefarious schemes at the usual social media waterholes.
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