Philly Fed President Charles Plosser said in a speech in San Diego: “You may know that I dissented from the FOMC decisions in August and September because it was not clear to me that increasing monetary policy accommodation was appropriate then. After all, inflation was higher and unemployment was lower relative to the previous year,…
Tag Archive for Target Date
Professional Edition, Technical Trader
Cycle Juxtaposition Could Tie Market In Knots for Months
by Lee Adler • • 0 Comments
The market’s drop yesterday changed nothing in the numbers or the chart patterns. Upside projections range from 1407, already done, on the 4 week cycle to 1425 on the 6-7 week cycle, and 1460-90 on the 10-12 month cycle, with an idealized peak target date of May 7. On the downside 13 week and 6…
Professional Edition, Technical Trader
Morning Turn A Sign of Things To Come?
by Lee Adler • • 0 Comments
If the futures gains this morning are indicative of where the market will end the day, then we’re likely to see signs of an upturn in some cycles. For now there are no short term or intermediate projections in either direction, other than for the 10-12 month cycle which still points to the upper 1400…
