The FED held rates steady at 2%. They had one dissent and it is always Fisher.Nice action into the close. We have slightly sliced thru the resistance line. We have got very overbought at this time. So, we can either get a gap-up in the morning that will get faded during the day. OR we will open flat or down and get back in the triangle and test for a few days before eventually breaking out. The second scenario is very bullish.
1 comment:
Nice blog. Thats all.
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