Replies to post #53292 on ajtj99's Market Pulse

[Gizmo]

Bottoming formation short term? I've seen this referred to as an "Island in the sky" on Tyx

[otraque]

this is where Greenspan sending a strong signal that he has no fear of an inverse yield comes into play.
He will not stop raising rates to avoid an inverse yield curve was his clear signal.

[positiontrader]

AJ,

FWIW ,I was reviewing the oil charts and saw a down signal on the daily about 10 days ago.When that does play out it should fuel the next rally.

Regards

Marc