sp'15min
sp'weekly
Summary
A tricky close to call, and with the smaller 5/15/60min cycles as they are.. the bias will be to the upside.. even though we're set for sig' net weekly declines.
notable weakness, momo stocks, TSLA -4.1%
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..awaiting to see if the market snaps around 3.45pm.. when the Yellen is due.
3.18pm.. market awaiting Yellen....
Could get a little wild in the closing 15 minutes... probably to the upside.
*according to clown finance TV, there WILL be a press release at 3.45pm.. so there is a MAJOR threat into the close of a 'stupid spike'.
That does NOT negate renewed downside next week though....
3.32pm.. price action remains incredibly tight... the setup favours bulls... not least if short-stop cascade begins....
... get ya popcorn ready!
3.39pm.. Market already starting to break upward.. sp'2062...
3.46pm.. INSANE jump in INTC
Woahhhhhhhhh... what is going on there?
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3.47pm.. Post Yellen press release.. no real spike in the main market.. but overall still inclined to the upside.
3.55pm. INTC in talks to buy Altera corp.