29 March 2016

SP 500 and NDX Futures Daily Charts - Painting the Tape For the End of Quarter

Today the US stock markets decided to celebrate the lack of a sustainable recovery and the slumping global economies of the world.

Janet Yellen sparked a brushfire rally in a dull market.  Yesterday was the lowest trading day of the year in terms of volume.

But I suspect this is all about getting the SP 500 up to positive, positive for the quarterly returns and bonuses that is.

Nothing else seems to matter.

Have a pleasant evening.