Apr 242012
Price opened in the 62.50 level where it waited on the 10am EST plethera of news. The Richmond Fed Manufacturing Index blew away expectations with a 14 vs. 7 expected; consumer confidence was down a little and new home sales up a little versus expectation. The net from the news was neutral to slightly bullish. The ES quickly climbed into the 69.50 level where it found resistance. After a little churning, the instutions where showing their cards by selling every
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