out at 14465
looks good for a bounce here ?
out at 14465
I feel like I'm watching a slow-mo instant replay of the market...It's basically tracing out the same patterns intra-day since that strong sell-off Monday morning...
when you have global central banks all working together to prop markets at all cost, the SPX chart begins to start flatting out completely. Look at the 10 year US treasuries chart starting around late 2009/early 2010 (once the Fed had completely cornered the interest rate market at zero)....I have a feeling that if Europe or Japan starts to get ahead of US Draghi or Abe will pull back on the juice until things within world order levels.
Free Markets: the power of holding two contradictory beliefs in one’s mind simultaneously, and accepting both of them
It begs the question: Were the henchmen on vacation Aug 19-24? Given the evidence of 6+ months defending those levels and the edifice collapsing in 3 trading days.
Maybe we should get ready to BTD
oil number out today so be carefullooks good for a bounce here ?