Neutral Zone

Friday’s Quadruple Options Expiration initially pushed prices higher to hit our upper objective zone between 1874 – 78…HOD 1876.75…only to be followed by Noon Reversal that drove prices down to our stated lower price objective 1856 – 58 zone. It’s … Continue reading

Fed Day

Today is Fed Day with new Fed Chair Janet Yellen at the helm. Expectation is for continued scale back of QE by another $10B with possible adjustment to the 6.5% unemployment threshold. Investors and traders reacted positively to her first … Continue reading