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 Continue reading »