Bulls Ignore the News and Charge On in Spite of Economic Problems. The "Market is the Market" and the Economy is something else.
2 Day, 10 m. - Nov. 10 - Today was a sideways days following a strong upsurge on Monday. This is really a Bullish action allowing for consolidation and may precede another leg up.
20 Day, Hourly - Nov. 10 - Bullish Channel Trend is evident. The Market is approaching significant resistance.
GS - Goldman Sacks has proven to be a Market Bellweather. The Financials in general are in sympathy with the Market and the latter cannot really gain traction without them.
XLF - Financial ETF as with GS displays a Carbon Copy of the Market in General.
Bulls Ignore the News and Charge On in Spite of Economic Problems. The "Market is the Market" and the Economy is something else.
2 Day, 10 m. - Nov. 10 - Today was a sideways days following a strong upsurge on Monday. This is really a Bullish action allowing for consolidation and may precede another leg up.
20 Day, Hourly - Nov. 10 - Bullish Channel Trend is evident. The Market is approaching significant resistance.
GS - Goldman Sacks has proven to be a Market Bellweather. The Financials in general are in sympathy with the Market and the latter cannot really gain traction without them.
XLF - Financial ETF as with GS displays a Carbon Copy of the Market in General.
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