All the equity futures have turned red, which I greatly appreciate. It feels like the first really good day in a long time. The diamonds have smacked up against the resistance of their broken trendline.
The small caps hit a lifetime high on an intraday basis and then reversed to erase yesterdays’ gains.
One item we haven’t looked at in at least a year is the corporate bonds, which seem to be hammering out quite a good H&S reversal top.
And the NASDAQ did a yeoman’s job getting close to its gap but falling away from it. Huzzah!
Celebrate with us, Jimmy! Not everything is about Frosty!
