No Surprises Here

As usual, the a.m. retail gap up has been faded, the red arrow shows that clearly and we had a small white arrow divergence sending prices briefly higher from there. Remember though, if my assumption is correct (and so you know, I hate making these-I prefer rock solid evidence) then we won't see the catalyst for a rally until Ben's statements are released to main street, so don't read too much into what we are seeing just yet.