18 March 2014

SP 500 and NDX Futures Daily Charts - Rallying Up to Resistance on Thin Volumes

Today was the first day of the FOMC meeting.

Stocks rallied higher on rather thin volumes. I wonder if they will make it to the top of the trending channel.

VIX is back to fairly complacent levels despite the international turmoil. All is well in the Pax Americana.

Another Banker took his own life.  He had some connections to the London Whale trade. 

Have a pleasant evening.