My charting software has been down all day, so I have been unable to produce my regular intraday charts for you. The S&P 500 nearly tested its rising 20 day moving average within the past hours, and held it well, just as a report came out of Washington about an agreement on budget cuts. The Nazzy and Russell also came close, or actually did, test their respective 50 day moving averages. I still see plenty of traders anxious to see a big move lower.
Back with more commentary if/when my software works again.
This week has sucked to trade. At least for me it has!
plenty of traders thinking big moves up as well. maybe we just go sideways and churn portfolios into dust before the next major move?? This market is for the birds.
All Worden Brothers platforms have been having technical difficulties today….sucks!!!
Not having freestockcharts today has been driving me bananas!
Glad it wasn’t just me. I’ve about had it with DC anticts..thinking about going to all GLD.
That’s where I am.
Recent or been there?