'Trading is a process of observing the market's action until such a time you can find and form trading ideas and get involved.'**

Wednesday, November 30, 2011

The market is showing a negative weakness as shown from this chart in the Globex market.

It might just go sideways today in the regular open.

Unless there is a positive news that might erupt from somewhere, it might stay idle the whole trading day.

The market is just operating from rumors nowadays, that's why traders are to be reminded to "trade the rumors sell the news".