Emini Trading Update – Wednesday 8 Aug 2012 (9:31)
Well, another very slow day. Only 1 million contracts traded and 8 points of range. We’ll get a volatility spike soon and the longer we wait the higher the odds. I’m not sure what the market is waiting for. Maybe it’s just Summer doldrums.
Link of the day …
I know a few bloggers linked to this video, but just in case you haven’t seen it. Some very straight forward analysis of the European situation and reasons for the Euro strength. RT’s Laura Smith interviews economist Roger Bootle, MD of Capital Economics, who won the Wolfson Prize for developing a practical plan to dissolve the Eurozone.
Good luck with your Emini trading.