Daily
testing little double bottom
either the bears are going to sell more or they are not
Obviously Powell’s announcement of an ex-post-facto “comprehensive” look at his hands-in-the-cookie-jar ethics rules wasn’t enough to wake the bears up (Insider-trader Fed Presidents Kaplan and Rosengren will be liquidating their equity shares by the end of September)
Maybe they are waiting for next week’s FED meeting where they’ll chatter on about tapering