Machines turn markets south on what everybody already knows

That would be the Fed minutes and the ‘taper’

I mean, the market can go bearish at any time. It can hold its supports and go bullish. It can rotate itself as it sees fit. But one thing it won’t do is go down because the Fed minutes got released. That’s ‘machines gone wild’ type stuff. Best to tune out noise like this.

Jerome Powell

For “best of breed” top down analysis of all major markets, subscribe to NFTRH Premium, which includes an in-depth weekly market report, detailed market updates and NFTRH+ dynamic updates and chart/trade setup ideas. Subscribe by PayPal or credit card using a button on the right sidebar (if using a mobile device you may need to scroll down) or see other options. Keep up to date with actionable public content at NFTRH.com by using the email form on the right sidebar. Follow via Twitter @NFTRHgt.

Testimonials

Gary

NFTRH.com