Some of the divergences in intraday timeframes from yesterday have blended over to the open as usual, but considering how strong many were at the close, there hasn't been as much movement as I'd normally expect, again that seems to be Yelen, but it does make me wonder if someone might just have an idea of what she'll say or if it is just risk off that's partially part Yellen, partially just the reversal process as the lateral/sideways reversal process is a choppy one with ups and downs, but overall the trend is lateral or slightly rounding over (sometimes a rectangle or "W" top, those are the highest probability head fake move above resistance which is an excellent timing indication for the transition from reversal process to reversal.
No comments:
Post a Comment