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Re: Citrati post# 34254

Tuesday, 05/23/2017 9:04:07 AM

Tuesday, May 23, 2017 9:04:07 AM

Post# of 46662
Yes, the main reason that was so noticeable is because 98% of the time...it's the polar opposite of that! smile

Clearly there is no way to know how trading today will unfold, but the only thing I can see in the short-term that could "potentially" derail the current move higher is the release of Fed minutes tomorrow from last meeting. Although, I'm not sure what could possibly be learned from them that we don't already know. I think the market is pricing in a 75% chance of a rate hike the first week of June.

Really, just want to see GDX continue to ride the EMA 4 & 8 higher. Don't need huge up days every day to accomplish that.