S&P 500 (Dec 12) INTRADAY Review It was Veterans day bank holiday in the US and so markets were closed. This made for a very quiet session for the E-mini S&P in which the index was range bound between 1372 and 1382 in a tight session ahead of the Eurozone finance ministers meeting. Strategy Last night the IMF and the EU clashed in arguments over Greece’s long term debt trajectory and this disagreement resulted in a the meeting failing to sign off Greece’s already delayed bailout
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There was no US Strategy report yesterday