All in the video. Remember the minutes from FOMC will be released at 2pm today, so expect a whipsaw either way.
Commento
⋅
Oil bears still in control
Commento
⋅
SPX likely setting up for a bounce into EOD after the minutes
Commento
⋅
OK there's the move up. If we sell off from here it maybe the start of a 5 wave sequence. Like I said we could go up to 4360 as well. Best to wait and see what happens tomorrow. Follow through or run for exits?
Commento
⋅
No sell off overnight, very choppy - likely sideways motion. Market looks like it's making some sort of pennant. A break above 4295 would be bullish and probably means we get up to that 4360 level for another short squeeze.
Commento
⋅
Bonds tried to breakout this morning only to get stuffed down, at least I know the trendline is correct.
Commento
⋅
home sales numbers at 10am, my guess is it misses badly.