We have broken support and have been creating a bear flag for the past few days. We are likely to continue to drop to support.
Economy is debt driven but still decent. I don't see a crash; however, I do see a correction.
We should bounce off support with the help of the FED by dropping interest rates and in an extreme case, perform QE4.
Economy is debt driven but still decent. I don't see a crash; however, I do see a correction.
We should bounce off support with the help of the FED by dropping interest rates and in an extreme case, perform QE4.
Order cancelled:
We broke up through resistance. Going bullish
Trade active:
Wow, this idea is back on the board after we broke back down through support.. what a market.