December Machine Tool Data, Not Good

I have been awaiting the December Machine Tool sales data from EDA, assuming we'd get another year-end ramp up (especially with IMTS this past September), like clockwork.  Well, the clock…

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Parameter Just Ahead & Some Notes

The predictable bounce has come up to just below the predictable resistance parameter.  Just for fun, here is a 30 minute chart of SPX.  Click to expand.  2065 is the…

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