As I said yesterday, today will no doubt be pretty crazy in regards to the number of variables out there influencing the market’s direction today. Not the least, you have the affects of yesterday’s FOMC Statement being further digested – in fact I have seen it at times, where the following day of its release, do a
I was disappointed on two fronts today, the surprising run the bulls showed early on in the morning, and then the inability of the bears to hold the market at or near its lows of the day. So what do we get? A nice doji candle that represents indecision on the market’s behalf on where