CB Focus

“The two most powerful warriors are patience and time.” – Leo Tolstoy
As we wait for more CB speak, we’ll have to see if the markets starts to actually believe FOMC members and the hint of policy shift from other CBs around the world. For now, it seems that they are still seeing it as more bluffing and unwilling to give up the steady grind higher.
As we discussed in our latest weekly outlook video, our focus remains on the NQ and what we consider to be real structural cracks that appeared last Friday.
As always there is no substitute for real-time/live action; if you are interested in attending a daily morning call into NY with a more detailed live discussion on all the charts and ideas we highlight/review in the outlook video and here on the blog, you should check out our Daily Webinar Group.

3 thoughts on “CB Focus

  1. Hi

    Love to know your thoughts on the EEM etf, bouncing up against the downtrend ceiling from 2007. EM FX under pressure as mkt long and oil under pressure……

    Best

    Phil

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s