Wednesday, April 25, 2012

Afternoon Delight 04/25/12 - Fed Speak

To summarize the FOMC - 'We'll do what it takes, and we have all the tools to fix anything that needs fixing. In the mean time things look really bad, so we'll keep rates low perpetually.' Basically the same thing they said the last several announcements. June should be very different as Twist ends a week or so after the next meeting.

Minis 4hr - 1386 is what it's all about.

Minis 15m - This run off of 1352. 

Bullish Percent SPX - Look familiar? If price can somehow get to a higher high and BP remains low, it's all over. 

GL and GB!

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