I think Unemployment/GDP/inflation stats are all fixed, real inflation propels markets higher. No more QE? Rubbish! I bet there is a credit hotline for banks, do they want another Lehmann? No chance. Hawkish talks are there just to create discount.
I meant I already know of what you spoke of, it's the lack of specifics. I get the privacy bit, so that's cool.
Can you go into any more detail here? Does the type of gyration have something to do with the speed at which it goes from the support to resistance level in a range? (ie. if price bounces hard off of resistance in a range, but when it bounces off of support very mildly and takes it time climbing back up, then breaking out the bottom favors going back up to resistance and breaking out the top?)
It's non specific though...I agreed with the Nov 15th level...It also coincided with 2020 cash SPX...this last one wasn't quite as clean...
Again, we are back to personal interpretation of price action. I stay clear of buying whenever there are bid absences and you see gapping action. Yesterday I didn't see that, just distribution increased volatility.
It's kind of surprising that we lost so many thread posters...I figured the action the past several days would bring them back...compare now to Aug-Oct...very little activity.