2pm update - more fed nonsense

The algo-bots are about to react to another set of fed-speak..via the 'beige book'. Hourly index charts are inclined to the upside, and with what is very likely low volume, these remain prime conditions for higher levels into the close. Gold/silver..both remain very weak.


sp'60min

Summary

Little to say..lets see how the bots decide to interpret the latest guesses from the Fed.

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Ohh..and like the Bernanke...neither am I, a qualified financial advisor.    :)