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S&P 500
5,691.41
(
-0.39%
)
US TECH 100
19,267.60
(
-0.35%
)
Dow Jones
41,934.28
(
-0.22%
)
Brent Oil
73.68
(
-0.87%
)
Bitcoin
62,666.22
(
-0.45%
)
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gldtimer

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gldtimer

Re: None

Saturday, 03/24/2018 6:23:14 AM

Saturday, March 24, 2018 6:23:14 AM

Post# of 4668
Another Nasty Chart.

I use LQD:IEF as a growth barometer. The last time the price broke the 200 was way back in the fall of 2014 and it didn't get any better until the Fed tore up it's rate plot projections.

http://stockcharts.com/c-sc/sc?s=LQD%3AIEF&p=D&yr=4&mn=0&dy=0&i=t68990253639&r=1521886309912

...will they do the same again? Sure. Question is how long before they do. Watch for two more hikes becoming one and then none.
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