markets perception of bad news has changed, just two days ago it was looking pretty dark, oh well. Should be interesting next fed meeting, assume a 1/4 point cut, ES down or up, any thoughts?
Well, there is a giant descending triangle on the ES chart, ready to break down.... Edit: Told you, 1459 and going...
1480 on the close expected. price action demonstrating sellers dried up on intermediate term basis. its only traders pushing it around.
Except the market is not obligated to bounce the ball back... I learned never to expect anything from the market lol...