Action halted at dashed red line near 1099....GAP above red arrow near last 2 white candles probably getting filled, 50 SMA below that near 1082
VIX holding in narrow down trend (volatility) but not at levels of prior bull markets. SO look for 1100 to be bettered or 1040 to fall.....one or other....traders coming back from vacation...volume will pick up...but as I suggested in fear of losing a generation of investors.....for good.
GOV attempts to manipulate popular opinion, appear to be doing SOMETHING.....will result in more debt and little results.
The GOV and FED (central banks) (wall street) are basically scratching each others backs...from the dawn of time the "money"people really ran things.....don't expect policies that improve avg guy to arise....never has....rather cynic isn't it?
If connected, or sell to or employed by GOV....good for you. The BUSINESS of GOV is the BUSINESS OF GOV.....every administration taking us farther down the road AWAY from US CONSTITUTION, engourging the size and scope of government...and empty promises to FIX everything....why not leave us the hell alone and get OUT of our business?
GOV spending is not going to get us out of this mess, more freebies nor programs....GOV not the answer, always been the problem.....more correctly GOV intentions......it will do all it can to survive and grow....but private domains whithers as result....
We are asking for solutions to the problems from the crisis that were directly and indirectly brought about by the same jackasses who caused them...good luck
D
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