Today was a quiet day in the markets. Unfortunately with such little movement in the market its hard to get an idea of where I think the market is going this week. Are we poised to roll over? to be honest, I'm not sure. There wasn't anything in the market that was helping me to gather a market direction either way. Of course everyone else is predicting a reversal, which usually helps me think that it will actually keep rallying. So for now, I will keep watching to see.
My guess so far this week is:
I would assume that nothing much will happen in the markets until after FOMC Wednesday.
My guess so far this week is:
I would assume that nothing much will happen in the markets until after FOMC Wednesday.