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Lets review a few things on this final day of the trading week
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Read MoreSigns of strength are popping up everywhere...
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April 4th - I've been expecting a dip down to a dcl.
We had the Fed Minutes released today and the SPX ( or markets in general ) is NOT breaking down. These markets are not breaking down at the 13 sma, and they look like they still want higher prices. Is this just going to go sideways as a consolidation?
Consider this too...
Read MoreBy the end of the day, we'll all be well Fed. The Fed minutes are released today. Will the markets react? We shall soon see.
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SPX - April 1 - Expecting a pull back
SPX April 5- We are getting a pull back and finally breaking below the 13 sma that I have been watching.
Even that MACD that was holding tight is breaking down, lets see what the Fed can do.
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