I am typing this as Powell has just begun speaking. God knows what his words will do. Sometimes he can destroy the bears with a well-turned phrase. I’m keeping plenty of powder dry; I’d rather push forward near the close today. I am also keeping an eye on the line at 1790 on the /RTY, which seems to represent an interesting support/resistance level. As I typed these words, it jumped above that level again, which isn’t reflected in this static screen shot.
Longer-term………
