...and guess what we have forming on the profile today? | | | | | v | | | | | v Spoiler another poor high...
Agreed. Anyone waiting for Yellen to voluntarily end this party is going to be disappointed. I don't agree the market is o.k. with a rate hike this year, or any year for that matter. When rates do finally go up it is game over man! Don't fool yourself, everything is about central bank policy now.
i forget who it was in here the other week who was joking about OPEC rumors coming into the fray again whelp...here it is lol
@LSS Trading I was just fixing to hit you up with a quick PM in regards to those charts ... for the exception of your SPY chart, the other ones that were moved could go into the company threads ... thx for the charts
Thank you. I will pay attention to put the graphics always in the correct topic. I apologize for my English, I am Portuguese But the language of the graphic is the same all over the world
interesting that cash did not make a new high with the /es (yet) ... either way we do have yet another very poor high today which will once again be needing repaired at some point ... whether it's today, tomorrow, next week, etc ... lol ^^ this ... personally i don't think we see a hike until at least after the prez election ... so with that being said one would presume this party should continue no messing with this bull fed induced or not lol
LOL its been brutal.....honestly so hard to just watch and not jump in something. Discipline levels tested something crazy
re: Yellen What do we need interest rates for anyway? We've gone ~10 years without interest rates and we've done fine. Interest rates are no good for me since I'm more of a borrower than a lender, so I don't want them. re: the poor highs I'm thinking we aren't seeing solid structure because the institutions are not involved right now in buying. e.g. the low volumes, the stories of hedge funds being largely in cash.
market map at noon: light ER calendar after the close today and before the open tomorrow morning: $DY $INTU $LCI $LZB $EXPR $NMBL $SOL $RY $EVLV $KLXI $GOGL $DL $ECC $LTRX
