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Strategies & Market Trends : TOO BULL FOR SCHOOL!

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From: zentrader7/5/2010 9:12:50 PM
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I have lost count of how many times we have seen these deal where futures are down big early in the evening only to reverse positive be the open the next morning. In fact I can't ever remember any time in the last 18 months when it didn't reverse positive after being down this far during the Asian market session. Typical pattern would be bottom around 10:00 PM to 12:00 AM EST and then big rally starting when European session kicks in around 3:00 going green sometime in the early morning hours.

I expect that same outcome this time. Futures will be positive by morning IMHO!
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