FB, daily
Dow'weekly
Summary
Besides the strength in the momo stocks - also Twiter (TWTR), which has held the big $50 level, the weekly charts still look a bit of a mixed mess, most especially on the 'rainbow' candle perspective.
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Yellen looming
I just have to wonder what the Yellen will be saying next week - she will give testimony to the US house/senate next Tue/Thursday.. Effectively, the TV networks will be giving her blanket coverage across next week.
*we're now 3% above the Wednesday low, and with seemingly no more power on the downside...it looks like the wave from 1850...is done...at 1737, a multi-week loss of just over 6%
As for the upside now viable...daily charts are offering sp'1870s, but that is at least some weeks away.
*the spike-floor candles on the weekly charts are starting to get pretty decisive now, especially seen on the Dow.