Replies to post #40578 on The TradingEdge

[jxyzobrien]

back to the cat
almost ready to begin using a cane. market has not changed a bit
chop around value area building new market value (and energy) then rally
to new highs. Think BIG P PATTERN with the left side of the P taking the
most time overlapping and rally to new value.

What is the fed futures chance of rate hike. I don't see it matters
much. As often happens markets rise as interest rates do
TILL THAT 3% RATE IS HIT.

Was glad to see tnx stay above 2. if it went below 2 that would be a
sign the 8.5 year recovery was in trouble.

Its funny how seasonality and old sayings often do not work but charts
do. thats why i hate some of the crash is soon and the market is treated
like horse racing.