Now that the hype about Yellen it's in the rear view mirrow, we should reflect in the technical picture. In my opinion last friday's job number has provided a correction of the recent down move and now we might be presented with an opportunity to short again and to give fundament to this theory we can see what happened last time we had a similar formation to that we have now. We just have to wait and be ready.
May the Market be with you.
May the Market be with you.
Comment:
0.618 was hit. Bulls beware.