This really is the land of perfect, a land where stock indexes only go up. If you sell you loose, because it bounces right back.
See that rally back into the green...looked like we were going for a serious dip of about 50 points but like magic were back in the green...wait till fed minutes come out markets are going to soar....dovish statement is coming today...get ready for it.
For sure, the fed statement will power it up away from the pennant....notice how where just hanging around near the highs. Get ready for fresh highs today. Momma dove won't let this balloon fall.
I keep hearing about this ascending triangular formation being formed and that it signals a crazy crazy surge in the markets ...they said as early as this week its coming...so with that call I think Dow 18600 is coming next week and 20,000 by summer. I mean this is going to be the ultimate surge....just keep buying.
Once it breaks out of the pennant its going to fucking surge...I mean surge...should look at least a 2-3% gain in next week.... Yellen Is going to bow to wallstreet and give them the most dovish statement of 2015.
Fed Chair Speech Released On 5/22/2015 1:00:00 PM For 5/22/2015 1:00:00 PM Description Federal Reserve ChairJanet Yellenspeech on the economic outlook in Providence, Rhode Island. Highlights Check back for highlights of the speech. Legal Notices | ©Copyright 1998-2015 Econoday, Inc.