Looks like smalls may get that bounce everybody’s been yappin' about
And by “everybody” I mean me
At this point it would be just a “dead cat” until proven otherwise
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
Al_Dente wrote:Looks like smalls may get that bounce everybody’s been yappin' about
And by “everybody” I mean me
At this point it would be just a “dead cat” until proven otherwise
/TF is sell a sell <1393.3 both /ES and /TF failed to regain short term strength this morning, so down we go until then......
My comments are for entertainment/educational purpose only. NOT a trade advice.
FOMC Kashkari speaks Monday then they go silent until the meeting. There is a 2:30 presser after the meeting.
At this point the majority have said they favor an increase. Chair Yellen has to maintain a sense of unknown prior to the meeting to prove it is live. So getting all the talk going should have been part of the plan. Then whatever the decision, remember that jobs report in a week could derail things, she will make sure we interpret it correctly at the press conference.
I would add they know they are on thin ice as congress and this president could get mad enough to limit their power/independence.
possible higher low, strong up here then bears are over, key time.
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