Our analysis held firm with the bottom building between the confluence of Fib numbers. We tested the reversal and no we should see an increase in volume to extend beyond 1489 area in order to validate the continued uptrend towards 1550 and higher. Any setback below the swing low will negate this positive up move. Wish you all well.
Expecting a quite volatile Open and an especially (25%) higher volatility for October.
Please check the US Federal Reserve Repo Rate. The whole last week the Fed had to provide liquidity to the large Financial Institution as they needed to borrow money.
This had also happened at the immediate beginning of 2008. IF they are in good shape why do they "All" have...