As we move into Year-End, the NYSE COMP should be Observed closely
as it has been the Leader along with the YM.
Any reversal here will be met with relief for the Big 7 - which continue
to grind higher with AAPL leading the rediculous charges higher.
______________________________________________________________
The FED is heavily intervening in the "7" it is all over the Tape... they are
supporting the narrowing Breadth.
The US Economy, what's left of it, is the Equities Markets.
They will defend it until they no longer do, we do not when, but all the
Indications are they will continue this absurd Prop until they fold up their
tent and let it fall under its own weight.
_______________________________________________________________
Patience as this can grind on for a while longer and they will make certain
to Run the Tables again and again prior to it being a locked-out downside trade.
as it has been the Leader along with the YM.
Any reversal here will be met with relief for the Big 7 - which continue
to grind higher with AAPL leading the rediculous charges higher.
______________________________________________________________
The FED is heavily intervening in the "7" it is all over the Tape... they are
supporting the narrowing Breadth.
The US Economy, what's left of it, is the Equities Markets.
They will defend it until they no longer do, we do not when, but all the
Indications are they will continue this absurd Prop until they fold up their
tent and let it fall under its own weight.
_______________________________________________________________
Patience as this can grind on for a while longer and they will make certain
to Run the Tables again and again prior to it being a locked-out downside trade.
It has been a spectacular day in the Oil Patch.
17 Trades of 18 in Profit.