However I note some negative divergences. Resistance 3382 and 3390-95.
Sky’s the limit if they clear.
Support at 3365. Bears need to break that, or bulls stay in control.
No 5 day cycle projection yet. 2-3 day cycle proje…
Anyone claiming they can project the trajectory of the U.S. and global economy is deluding themselves.
Monetary policy can be implemented through outright purchases or sales of securities, which permanently changes the size of the Federal Reserve’s System Open Market Account (SOMA) portfolio.
The best-case scenario is those who love their “great city” will accept the daunting reality that even greatness can go bankrupt.
Overseas investors apparently were not impressed. Although here at 4:20 AM NY time, they’ve cut the loss in the fucutures in half.
Again, interesting perspective from the 2 hour bars. They cleared the big downtrend channel twice, early and late. …
Straight from the bowels of the NY Fed, in the name of Jaysus, Praise the Load!
Rather than right the ship, the “easy fix” is to distribute “free money”–not just to billionaires and corporations but to everyone.
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