As we await the Jackson Hole Jawbone, I wonder if maybe I am incorrect about the odds of a significant market rally that would test the H&S breakdown. SPX 'fulfilled its downside obligation' off of the topping pattern and has looked to be 'W' bottoming for what I thought would be an ill fated test of the breakdown.
But what if this is a Symmetrical Triangle (continuation) pattern in the making? Best to get this most powerful policy clerk behind us before leaning too heavily one way or the other. Have you seen the business news channels with their economists and analysts handicapping what Bernanke is likely to say or do? They treat it like an NFL pre-game segment.
Silly MSM, giving you the play by play on futility while burying Ron Paul, someone I actually learned valuable things from many years ago. We really are a cartoon you know. A late stage, hubris addled cartoon. But then, this is just a simple stock market TA post...
http://www.biiwii.blogspot.com
http://www.biiwii.com
Follow @BiiwiiNFTRH
But what if this is a Symmetrical Triangle (continuation) pattern in the making? Best to get this most powerful policy clerk behind us before leaning too heavily one way or the other. Have you seen the business news channels with their economists and analysts handicapping what Bernanke is likely to say or do? They treat it like an NFL pre-game segment.
Silly MSM, giving you the play by play on futility while burying Ron Paul, someone I actually learned valuable things from many years ago. We really are a cartoon you know. A late stage, hubris addled cartoon. But then, this is just a simple stock market TA post...
http://www.biiwii.blogspot.com
http://www.biiwii.com
Follow @BiiwiiNFTRH
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