Transports are severely weak, a warning of trouble later today?
sp'60min
Tranports, daily
Summary
Everything is merely in a holding pattern..awaiting to see what the maniacs on the Fed board have decided.
Wednesday, 1 August 2012
1pm update - awaiting the FOMC
We're in the twilight zone hour of market trading. We remain clearly in a bull flag on the hourly index cycles, although IWM has broken below its hourly flag.
Transports are severely weak, a warning of trouble later today?
sp'60min
Tranports, daily
Summary
Everything is merely in a holding pattern..awaiting to see what the maniacs on the Fed board have decided.
Transports are severely weak, a warning of trouble later today?
sp'60min
Tranports, daily
Summary
Everything is merely in a holding pattern..awaiting to see what the maniacs on the Fed board have decided.