The Fed is just the puppet. No faith in them. I have all the faith in the people with all the money and power, who want more of both, to make things happen they wish. I defy you to challenge my trust in them with facts. No small fishes there.
There was no prior discussions about trusts or distrusts and there were no puns intended. But Hey! You proved my point about the big fish! No more on this subject please. Good trading to you.
Do I really have to say it? between 12-12:30 Edit: To clarify, I expect a nice shortable top in that timeframe and I wouldn't be surprized to get 30 pts higher sometimes today from this low, but not necessery in the mentioned timeframe. Currently we are 10 pts higher. Edit: 16 pts higher...
So we rallied just about 20 points from my predicted low. Looks like we are done with this phase, although my upper BB on the future chart is around 868. Maybe there is one more kick left....
Yes, there was. We made a second, lower high in the predicted timeframe at 12:19....Still, 18 points higher from the 11 am-ish low....
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I would wait until the bulls wear themselves out. Foxholes ain't any good when there's no enemy fire.