The last POMO seems to have pushed the dollar down a full one penny against the Euro, and all they’re getting out of it is 2 points on the Dow. I like that action.
In regards to that im currently looking at the DJ30 and the 10910 to 10915 seems to be holding.4 attempts to break from this region have all been bounced.However there is still 3 hours of trading left im just hoping it will hold to end today with a Doji.
Thanks
Bollinger bands never been so tight on the VIX for a long time, we should get a strong move out of it very soon, which direction?
Dow Jones resistance level
Maybe that will be the blame for the coming sell off? Hey, they have too point the finger somewhere…
Kinda like playing monopoly with yourself, as you lend money to yourself, and borrow money from yourself… or is it more like musical chairs?
This can’t be good…
http://www.zerohedge.com/article/treasury-butterfly-collapses-replay-market-plunge-action
It’s Official: Fed Is Now Second Largest Holder Of US Treasury Bonds
http://www.zerohedge.com/article/its-official-fed-now-second-largest-holder-us-treasury-bonds
The last POMO seems to have pushed the dollar down a full one penny against the Euro, and all they’re getting out of it is 2 points on the Dow. I like that action.
S&P 500 Support and resistance levels
In regards to that im currently looking at the DJ30 and the 10910 to 10915 seems to be holding.4 attempts to break from this region have all been bounced.However there is still 3 hours of trading left im just hoping it will hold to end today with a Doji.