Volatility Makes an Appearance

The fed raising the discount rate provided for some interesting volatility after hours and sent the US Dollar flying.  I’m expecting the market to pull back a bit between now and Monday afternoon.  We are overbought short term and need to see some constructive consolidation.  I’ll be watching the banks closely tomorrow.

  • Ha, you answered my question as I was typing it. I was going to ask what period MAs you were using on the spoos. Like the vid, and the music in the background was cool. Very nice chart on ULTA.
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