I had refrained from /ES trading for a long time, but as I've put my toe back into the water, it's been going very well for me. It's easy to scalp a few thousand extra dollars of profit during the evening and/or wee hours of the morning if one gets into the "flow" of what's going on. I know some important reports were coming out at 5:30 my time, so it was quite a sight this morning, me whisking down the stairs to get to my computer at 5:29.
One of the reports, shown below, gives the deflationists another arrow for their quiver. A deflationary environment would align very nicely with those who basically buy Prechter's premise. You may also find this prior post about the topic an interesting read.
Having done my trade and post, I'm going back to Mrs. Bear……………..
