The Daily S&P chart has a fairly straight forward pattern diagnosis. There is nothing even remotely unusual or confusing. The rising wedge is typically bearish when markets are not being forced by inevitably ruinous intervention practices.
[5] = V = SC1
![[From the Vault] Cartoon of the Day: Clueless - Fed grasping cartoon 01.14.2015](https://d1yhils6iwh5l5.cloudfront.net/charts/resized/63127/normal/Fed_grasping_cartoon_01.14.2015.png)
3 comments:
Your analysis and comments are Brilliant !
I needed a TA Tonic after the demise of Tony's oew site.
Thanks
Do you have a Twitter handle ?
Thanks Dave. No Twitter etc due to the feeling that I am being watched by the ghost squad.
Post a Comment