- EU Energy Chief says possible catastrophic events in next hours
- EU's Energy chief says situation at Japan nuclear plant is out of control
[/caption] Certainly was a beautiful mid term double top at 1282.75 with lower highs into the open this morning. We blew through support at 1268 when the EU Energy commission decided to sound off the sirens. Low of 1256. going to stay on the side lines as this news driven volatility is bad on stops. Could be going into a bearish pennant on longer term charts. With the Fed behind the bond purchasing this week, would expect this to rally on light volume. The real determinate will be what we see with the Japanese Nuclear plants. Japan is in a real mess with its economic capital still in shambles, homes still don't have running water, roving brown outs, a complete lack of power and [...] S&P 500 day trading course


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