First off, I did an extensive update to the Guide to Comments last night, so I encourage you to check that out. I guarantee there’s at least one feature in there that you didn’t know about.
It’s five in the morning (that is 90 minutes before the opening bell) as I am typing this, and at the moment, the /ES has respected its supporting trendline with remarkable precision.
What I’m talking about is this ascending trendline that goes back a couple of Thursdays. Considering all the reasons that market SHOULD be getting destroyed, the bulls have lucked out so far, but here’s hoping that this sucker gets busted.
I continue to be pleased at crude oil’s breakdown (so where’s that $300/bbl oil Tyler?) particularly now that we’ve breached support.
Some of my sighted readers may have noticed the new emoticons feature in comments. I’m not really talking about it yet, since it’s pretty rough around the edges at the moment and we’re still getting the bugs out, but please bang on it so we’ve at least got some usage to observe. I know how popular the comments on Slope are, and I decided to start to sex it up some.
