I was indeed puzzled on Sunday afternoon when the ES and NQ opened up nice and green. With the trade “deal” completely mucked up – – I’m talking Trump Steaks, Trump University, Trump Airlines level mucked up – – I assumed we’d just keep grinding lower. But, nope, everything bright green.
I need to stop worrying about such trifles. Overnight action seems to be deliberately misleading these days. It’s quite evident the path we’re on. Suffice it to say that the colors have changed.(more…)