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SP 500 and NDX Futures Daily Charts - Bow Wow

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Published : July 10th, 2014
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FOLLOW : Bubble Fomc
Category : GoldWire

Today was another dull day, with a dead cat bounce off the lows of the past couple of days.

Tomorrow will tell us if this is a real rally back, or just reflexive dip buying.

The FOMC minutes were the big tickle today, showing that the Fed will stay on a steady taper pace to end QE in October.

Some of the Fed members noticed that the markets seem 'complacent.'

Wow. What a surprise. Floating higher on a bubble of easy money, hand delivered to some.

Have a pleasant evening.





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