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no idea up or down form here, always assume up in this case. no sharp pullback allowed though otherwise it's lower high trend reversal, the short term top was in.
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Friday's Fed speakers
08:15 AM Bostic
10:15 AM Williams and Daly
12:00 PM Clarida
12:30 PM Potter
1:30 PM Quarles
1:30 PM Bullard
1:30 PM Harker
5:30 PM Williams
last night's report: TRUMP TO MEET WITH CHINA'S VICE PREMIER FRIDAY AT 2:30PM
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
strong bull bar to make a breakout (of the day high) then it's uptrend day otherwise it's just a range day.
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uptrend day might be but beware the Nov high resistance is very close now.
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the resistance. breakout would trigger lots of bear stop loss.
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Nobel Laureate Milton Friedman (Reagan’s “supply side” architect) used the Phillips Curve to support his “trickle down” mythology in the 1970s.
These days, most economists no longer use the Phillips Curve in its original form because it was shown to be too simplistic.
Today, FED’s Williams said the Phillips Curve is “Alive and Well”
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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