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Well, we'll need a little more time to see how the markets play out for the rest of the week, but it certainly looked short term bearish in the initial reaction. Let's look at the charts to see whether the initial move could be a fake out or a warning sign of something bigger?
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Alex - Chart Freak2019-08-01 12:03:402019-08-01 12:03:40Aug 1 – Who Liked The 1/4 Point Rate Cut?.
I love the way Bears look when they are asleep. So peaceful. Let's hope he stays that way. 🙂
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Alex - Chart Freak2019-07-31 10:54:432019-07-31 13:39:37July 31 – Fed Wednesday – Sshhh, Just Let Him Sleep
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Alex - Chart Freak2019-07-30 10:42:342019-07-30 10:42:34Tuesday – The Pre-Fed Line Up
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Alex - Chart Freak2019-07-27 17:28:322019-07-27 17:28:32Weekend Report July 26thTodays report is going to just be to the point, mechanical, and unemotional .
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Alex - Chart Freak2019-07-26 05:21:432019-07-26 05:21:43Friday July 26th – Unemotional
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Alex - Chart Freak2019-07-25 11:20:592019-07-25 11:24:38July 25th – More Clues
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Alex - Chart Freak2019-07-24 03:02:082019-07-24 03:02:08Wednesday July 24th – The Choppiness Gets A Bit Boring
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Alex - Chart Freak2019-07-23 10:58:572019-07-23 10:58:57Tuesday July 23rd
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Alex - Chart Freak2019-07-21 20:10:342019-07-21 20:14:10July 21 Weekend Wrap.
You don't hear that often, but the sad fact is that this is the last trading day of the week. What a fun week this has been! By necessity, Todays report is going to basically focus on one subject...
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Alex - Chart Freak2019-07-19 11:34:272019-07-19 11:35:45O-B-I-F! — Oh Bummer, It’s Friday!
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