My updates and comments today are going to be a bit briefer then norm, I've been fighting going to the Emergency Room since 3 a.m. with what I'm sure is a kidney stone.
Right now the market is up on some brief hope as votes are paving the way for leaders to step down in Greece and Italy.
The SPY 1 min chart is falling a little out f line, the 2 min and 5 min are still strong and we are in the space of the gap that I mentioned last night that may e filled, it runs up to about $127.70 n the SPY.
If any reverses first, I expect the DIA as the short term charts there are starting to turn down.
Is interest rates about to start going up?
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Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
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