As has often been the case in most opening ramps...the market is exhausted within 30 minutes..and is now flat lining. The fact NYC is shutting down due to the anticipated blizzards is only aiding to keep things...muted.
So, the hourly cycles are getting toppy again. But..as has been the case in EVERY little ramp, we see higher highs..and higher lows.
Relentless...with no sign of anything changing.
Next week...more POMO $ of course..and its valentines. That has to be good for another 15/20pts, yes?