A little buying now. Hope it continues.
A little buying now. Hope it continues.
Don't bias your charts. Show support and resistance. My comments and charts are not trading recommendations.
Has the F Fund had enough? Look at the last try to go positive (purple arrows). Tomorrow is the day to watch.
Don't bias your charts. Show support and resistance. My comments and charts are not trading recommendations.
Should I surrender to the Bears. We did get back above support but the grey line is just below the (purple arrow) bounce line:
Don't bias your charts. Show support and resistance. My comments and charts are not trading recommendations.
Don't sell here. At least wait for the Fed bounce on Wednesday. This is probably just a case of sell the rumor -- buy the news.
Allocations as of COB Dec 28 : 100% S. | Retirement Date:Dec 2025
Past Returns: 2020 31.85%,2019 27.97%,2018 -3.36%,2017 13.10%, 2016 -1.79%, 5Yr Avg 12.61%
Sure, lower gas prices help the consumer but it is only one factor.. The FED looks at a large amount of data to determine their outlook.Bquat......I don't know for sure but I feel the Fed may pass on the raise of interest rates talk while things escalate in the Mideast. Plus gas prices dropping should improve the economy outlook. Or is that a bad thing?
No one knows at this point what the FED statement will say on Wednesday.
To me, the FED may remove the "for considerable time" language from their previous statement to give them more flexibility next year, then Yellen will try to massage any Market downturn during her news conference with dovish talk... IMHO..
Keep up the great work on the charts !! Thanks.
Finally testing support from above:
Don't bias your charts. Show support and resistance. My comments and charts are not trading recommendations.
Spidey has been talking to his buddies lately and they want to pop:
Don't bias your charts. Show support and resistance. My comments and charts are not trading recommendations.
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