Market Update - 12-05-2010

Markets continue to rise without volume at all. Computers buying between them and prices keep rising. Welcome to skynet market.

We are testing MA´s 50 and 20 so everything can happen, the next two days will be important.

I will place 2 charts from SPX, one mine other from Cobra. Other chart is from EUR/USD where we can see forming a H&S... Don´t know how this market keep beeing pumped if these currencies are so weak... namely nasdaq. Robots won today, let´s see tomorrow.

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