Continuing higher on Fed frontrunning.
News:
Today's news comes out at 2pm, and more at 2:30pm with Yellen's comments.
Other than that it's like a half-day off.
FX:
Quiet ahead of the Fed decision. USD mostly firm. CHF feeling safe haven flows, yet benign action in JPY. NOK getting slammed.
Treasuries:
Prices correcting recent run up, but on lighter volume. Wave patterns suggest lower eventually.
Energy:
WTI crude looking a bit shaky. NG continuing to react from most recent low.
Metals:
Gold, silver, and copper ripping.
S&P Outlook:
Asia and Europe are green green green, likely adding to the feelgood feeling of the e-minis and vice versa in what is likely a large feedback loop.
Put out this chart mid-day yesterday.
Note the use of Ichimoku Cloud with Elliott. Nice.
This count implies a weak new all-time high then a wipe out below the August lows which would be a complete riot.
Source: someone named "hehe" at TradingView.com |
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