Consumer credit is released during RTH in about 15 minutes; maybe it will give us a good read on what the animal spirits are up to lately.
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| SPX 02-07 intraday (lunchtime) |
Thursday, February 7, 2013
Intraday 02-07: diamond-top?
What began as a megaphone morphed into a triangle pattern on the other side, and now, taken together, it looks like a diamond-top pattern.
Consumer credit is released during RTH in about 15 minutes; maybe it will give us a good read on what the animal spirits are up to lately.
Consumer credit is released during RTH in about 15 minutes; maybe it will give us a good read on what the animal spirits are up to lately.
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1 comment:
Always good to see your posts appear in my lists :)
A diamond top, hmm, yeah, could be that.
Sure is a messy trading week, if bears can just get a close in the l490s tomorrow, pref <1494, that'd set up next week for at least a hope of lower levels.
I still foresee though more nonsense ramp into March..and April.
Its hard to keep level headed in these times.
Good wishes for tomorrow
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