sp'60min
Summary
Well, lets see what the bots make of the Fed
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Frankly, the higher this goes..the better..and more safer the next short trade will be.
With QE tomorrow morning, I'm inclined to give the bulls another 4 trading hours at least.
2.02pm..looks like the initial reaction is moderately positive..and bulls should be okay now into early Thursday.
2.12pm... hourly 10MA should offer support around 1648/50 by the close. I can't imagine anything <1644.
Its quiet out there..as Mr Santelli on clown finance TV further confirms.