sp'60min
Summary
*yes, opening candle is a bit spiky, and I suppose we might fall again, but regardless, any down wave won't last long.
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Without getting lost in the minor noise, the upward pressure is there for anyone to see.
*equity bears should be mindful of sig' QE tomorrow, which will further help prop this market up into the weekend.
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Time for Yellen...day'2.
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Notable that the VIX flashed lower for VIX opex... 10.59
10.21am.. minor chop... 1979/80....and anyway..we have new Dow/Trans highs.
Yes, the R2K is flat.... and again, it needs to at least close above the 1150 threshold.
10.34am.. micro down wave to R2K 1151.... teasing the bears.
Yeah...its just another tease.
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Meanwhile, its again dawning on me, we've a good 7 years more of this woman droning on about how the Fed is going to save us all. Urghhhhh
10.42am.. Ohh gods help us now... Maxine Waters is asking questions.
Comedy gold though...every word.....