The 30mn B-Band offered a nice hint of a good move, but 240mn b-band might be saying the party is over and the 82 area may not be revisited.
Something that does not do often. Time to go Mouseketeers, drink and be merry. Big Rat drumming up business for the commercials which back then were not as long as todays commercials. Ever be waiting for commercials to end and you have forgotten what you were watching?
The pattern has been Global markets push down and US pushes up. Keyword, "has been", I'm expecting something totally different for next week.
Good point...the most surreal day I've seen this year was the day after the Nikkei crapped the bed, ES dropped 20 pts in about 10 minutes overnight and the next day briefly went green...Of course, that was a bit much and it sold off hard into the close and started the April-May correction...but that was beyond nutty.
Quite a nice sell-off at the open. Some traders would have cashed in and then be off for a very merry weekend.
Rangy market, not even NFP could get it out of the range, calm before the storm, which way would the wind blow? Does not matter, once it does, follow the wind, if you must predict, look what the trend direction was before it ranged.