Daily Archives: June 16, 2015

Roughly 24 hours before the latest great ‘decision’ gets handed down on whether or not the Fed is considering changing ZIRP-eternity any time soon I thought I’d put up a general update of various markets.

It is the same old theme for the S&P 500, with a sideways to up bias on the intermediate and slight downward bias on the short-term.  SPX is grinding up and down every couple days and this is a market that people should stand aside from, outside of individual trades and long-term orientations taken for other reasons.  This market is and has been going nowhere.

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