Market breaks out ahead of FOMC

naufalsanaullah's picture

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Minion's picture

Great post, and this really shows the hidden factor in technical analysis: the emotions of the market participants.  Ah, the euphoria a herd of buffalo must feel when they're in full gallop.  :)

Sudden Debt's picture

It looks like the BDI is going into dive mode and the Euro is rising despite the Irish hangover.

I AM RECOVERY, RULER OF THE UNIVERSE!!

OBEY MY COMMAND AND BRING ME YOUR VIRGINS!!

newstreet's picture

Everybody wants to catch the top.