A clear P-shaped profile has developed ahead of the FOMC minutes. This structure suggests a short squeeze is taking place. Whether buyers initiate up here will tell us much about the afternoon. For now, this up action is suspect of being a temporary phenomenon:
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I turn dials and fiddle with knobs to hone in on harmonic rotations
Joined Oct 26, 2011
4,121 Blog Posts
I sure hope everyone appreciates the genius of that cover pic and title…
i was all over it. like that girl’s face.
http://i.imgur.com/WdYBa.gif
haha thanks fellas