Fed Lockhart Speech Highlights: Lockhart: Tepid Business Investment Plans Raise Questions About Growth Lockhart: Uncertainty A Real Factor For Economy Right Now Lockhart: Fed Rate Policy Will Be 'Cautious And Gradual' Lockhart: 'No Gun To Our Head' To Raise Rates Quickly Lockhart: Two Rate Rises Remain Possible, One Likely This Year Fed's Lockhart: There's...
Far negative net volume level, followed by corrective movement, does it make sense or not? It seems appropriate to close positions or hedge with options time. When the market does not teach his game, it is more likely that we are the ball. www.fxstreet.com
Yesterday's candle was actually bullish. Long-legged candles signal reversals, even if the intraday selloff may have suggested otherwise. The key message: breakout levels ~10490 were tested (violated), but held. Index is off to a fresh swing higher, which could target 10860 (late December high) and 10981 (cycle fibo level). With that in mind, yesterday's mini...