Wednesday, March 18, 2015

Quick Market Update

In 6 minutes from me writing this, virtually everything could change on the Yellen presser.
However for the moment, we have a parabolic move and very little intraday support.

I may be looking to take some of the UGLD position off at a quick gain, but I'm going to take a closer look first.

 SPY 1 m

SPY 3 mi

For the most part, his is the non-confirmation thus far on a parabolic move.

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