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The hourly bollingers have been squeezed on the S&P for 5 days now. Congestion leads to Expansion. Expansion leads to Congestion. If price holds below the 50hr MA and breaks the lows of last week, odds are high that price is going to expand down. <br /> <br />Again. IF.
This is not a democracy: How the 1 percent rigged the game
I just liked the picture, good read though.
announcements of stock buybacks.jpg (866×586)
Stocks continue to go up principally because of all the buybacks happening
Gold is indicated for a bounce (conveniently around PDAC) and nothing more. The Commitments of Traders usually do...