There was a big intra-day reversal in stocks as Benny failed to provide any QE Christmas Candy in the FOMC stocking today.
The index fell out of its triangle. The bulls have their work before them to save the day and get the Zynga IPO out the door.
"Go and learn the meaning of the words, ‘I desire mercy, not sacrifice.’"
Matthew 9:13
13 December 2011
SP 500 and NDX Futures Daily Charts - Big Intraday Reversal As Benny Whimpers into Year End
There was a big intra-day reversal in stocks as Benny failed to provide any QE Christmas Candy in the FOMC stocking today.
The index fell out of its triangle. The bulls have their work before them to save the day and get the Zynga IPO out the door.