Tuesday, August 9, 2011

SP 500 and NDX Futures Daily Charts


Any excuse will serve a tyrant.

Aesop

The Fed threw the market a bone, stating that they would maintain easing through the upcoming Presidential election if the economic conditions called for it.

And so a powerful relief rally ensued. Whether it will be maintained is another question and answer, heavily influenced by the upcoming economic reports, especially with regard to employment, median

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