This break, although outside of RTH, is indeed important.
It signals a retracement potential, but more importantly it
opens the Higher Price Objective @ 1.71 - 1.76.
The Equity Complex is pretending the "what me worry trade"
once again.
We are concerned, as it represents a very large issue for the
Equity Complex should the ROCs continue to build.
All eyes should be on the Yield Curve's MidPoint. It can imply
a rather large selloff.
Today thru Tomorrow has all the hallmarks of problems developing.
It signals a retracement potential, but more importantly it
opens the Higher Price Objective @ 1.71 - 1.76.
The Equity Complex is pretending the "what me worry trade"
once again.
We are concerned, as it represents a very large issue for the
Equity Complex should the ROCs continue to build.
All eyes should be on the Yield Curve's MidPoint. It can imply
a rather large selloff.
Today thru Tomorrow has all the hallmarks of problems developing.
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