possible double top, rebound attempt may have failed.
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need decisive breakdown to prevent double bottom. the problem is no time.
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double bottom, guess a strong close like yesterday. AAPL ER good?
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well, guess that's it for today. FOMC tomorrow has been mostly bull friendly and also Wednesday tomorrow has been very bull friendly recently. thank you guys, I'll see you tomorrow.
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A typical statement from the media about tomorrow-
As June is in focus, any commentary that removes ‘accommodative’ or ‘cautious’ and gives thought to participants that they could hike in June, could be interpreted as more on the hawkish side. In this case, the USD is likely to rally across the board with a steepening of the US yield curve. However, if the commentary appears decidedly cautious and references weak data such as the disappointing retail sales control group release, this could see participants interpret this as dovish, and an inverse reaction could be seen.
Trades with cats wrote:If Apple fails to dazzle, a 4 to 6 point drop will take 10 off of the ES going through this afternoon's double bottom.
well, the big fruit has issued plenty of warnings about lower expectations, gotta be careful of the not so bad/baked in prices.... crude inventories tomorrow and dove fed talk could further upside surprise possibles....