Small caps are circling back to the flatline off after moving higher from the open, as I expect the market to essentially drift into the big FOMC announcement later today, after 2pm EST.
Natural gas is off to a decent start and still has my interest on the long side.
And I would resist going long Facebook at least until it fills the $73.35 gap below, highlighted on the daily chart.
__________________________________________________
If you enjoy the content at iBankCoin, please follow us on Twitter
UGAZ may be quick east coast storm POP, behind it there is not much of a sign of a -NAO (which signals cold air intrusion down east coast) CPC/NCEP NAO forecasts need to be watched for signs of tanking NAO (negative) to have confidence in renewed E Coast cold shots post 11/3