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clock Created with Sketch. 28/08/18
08:11
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Originally posted by paddington bear
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Market gods were smiling on us again with a very bullish move in New York and the added benefit of strong commodities. The RUT couldn’t hold its earlier peak while the NYA (all stocks listed on the NYSE) finally did something with the nice pattern I have mentioned a few times but the real highlight of the night was the SPX. But why was the VIX higher – why is there always something thrown in from the left field to make things difficult? With such a strong session the VIX should have been weaker. Just one thing we will have to keep in mind.
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It pains me to say this PB, as you know i'm a commodity bull at heart....but i don't think we're out of the woods on this. I have a massive H&S Failure pattern still in play on DXY.
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