I actually only noticed a view posts on it. I saw nothing on the charts. Was just curious as to what you were referring to.
What is a HOAX? The pbar down to 185?[/quote]
This is a clear demonstration of how your state of mind pulls you toward seeing what you want to see;and you fail to institute due diligence before showing something this odd.
All you need to do was to check other time frames... [/quote]
VXN is down ahead of the Fed, which would be nice except I expect some wild swings in this after. The close is all that matters, and I'm a little concerned that the market is up ahead of the announcement (which would lend to a sell-off).
The market has this way of punishing people for being early.
Apple wrote:ERX: Follow-up on XLE bounce. ERX bounce further to (partially) fill the gap, I don't think so, but wdik. Gaps below at $43.69 and ca. $34. The trendline goes back to 3/2009. I don't think it will/can maintain as support. fwiw...I don't have any money in this...
this is a chart i received yesterday. my reading it is a good quality wedge calling for a reversal. with 13% gain overnight, i'm out for now
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*FOMC SAYS IT CAN BE 'PATIENT' IN APPROACH TO RAISING RATES
•*FOMC DECLINES TO MENTION RECENT GLOBAL MARKET INSTABILITY
•*FOMC SAYS PATIENT APPROACH 'CONSISTENT WITH OCT. STATEMENT'
•*FISHER, PLOSSER, KOCHERLAKOTA DISSENT IN FOMC DECISION
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
If bulls can stay with this up day it will be the first major accumulation day in over a year. And a possible sign of a primary 3 wave up. Wait for the close...
the initial response usually is the true direction, then fake moves, then back to original direction.
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