The short covering rally from yesterday failed at overhead resistance and fell back in a wobbly day that sold off harder into the close.
13 February 2009
SP Futures Hourly Chart at Market Close
Category:
Sp Hourly Chart
“Modern tyranny is terror management. When the terrorist attack comes, remember that authoritarians exploit such events in order to consolidate power. The sudden disaster that requires the end of checks and balances, the dissolution of opposition parties, the suspension of freedom of expression, the right to a fair trial, and so on, is the oldest trick in the Hitlerian book. Do not fall for it.”
Timothy Snyder, On Tyranny
The short covering rally from yesterday failed at overhead resistance and fell back in a wobbly day that sold off harder into the close.