trans'daily
sp'daily
Summary
Its starting to look like today is a write off. No traders, zero volume..so..its merely melting higher this morning. It doesn't mean we can't close a touch lower, but on balance..we're more likely to close flat.
Dull dull dull.
At least the FOMC this Wednesday will probably inspire at least someone 'real' to buy..or sell something.
UPDATE 10.10am ..The H/S on the tranny is clearly busted, updated chart.
I suppose tranny might already be in a C' wave ? Hmm.. will have to keep a close eye on this.
Mr $ is about to go green..a fourth day closing higher..seems likely now. should at least keep the lid on metals/oils.
Trans'hourly
On any basis, we're on the upper end of yet another up cycle.