The financial complex is fairly noisy today, yes? Rate hikes, Greek Bailouts, and China banking foolishness, oh yes. So I figured today is an important day to drop my switchboard on the Plebeian class.
We started the day in hypo 2 mode but conditions have softened a bit more than hypo 2 expected. Market Profile is pretty wide open down here on the Nasdaq, but we are coming into key pivots on the Dow and SnP, therefore, like I have stated repeatedly (and this is more for my own subliminal benefit then anything) I have an open mind.
Watch for third reaction post FOMC minutes, and in the meantime here’s a codified version of all the current happenings:
