We agree mr. Turtle.
I think there is a divergence, and there will stay a divergence. There is no rule that says everything gets cleaned up.
You should have a 3rd choice in your poll. That's why you get so few votes. Both choices stink, and are not well thought out.
There looks to be too much bearish sentiment right now. It's hard to see the market going lower in the next week with this amount of bearishness.
The technical formation you speak of is hard to discern.
That pretty much describes the first day and an hour.
Then it looks like you're in the majority, sir. And this is maybe not the best place to be. Anyway, good luck!
I'm giraffe. What do you think of the market prospects leading up to the Fed decision Mr. Buy1Sell2 ?
That's why I asked "what do other ET'ers..." The good people you alluded to already had their vote counted. What do you think, sir?
What do other ET'ers think of the market leading up to the Fed announcement next week?
Yes. Some divergences can sustain themselves for days though.
Yes, but this is in April. The question is what will happen in the next week leading up to the Fed decision.
I think the market will churn higher into next week's announcement. It will probably be over 1307 by next tuesday.
More wall of worry to climb.
I don't know about 100%, but the preponderance of bearish sentiment leads me to feel the market will churn higher into the Fed decision.
Yes, the preponderance of bearish sentiment suggests higher prices.
At the end of the month, the Fed is raising rates once again. I don't think the market will like what the Fed minutes say, but i've been wrong...
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