Those manipulating the markets keep pushing the technicals... but once they survive one formation, and congratulate themselves, a new one - or indeed a set of more than one - appears... that could potentially be worse still...!!!
Will they survive this one?
Lets see what the treasury and the traders do now!
It's a pity its not just all left to the markets without these manipulations.... pushing Treasuries, DXY, yields, gold and oil prices around whilst creating policy and noise to control and push the markets is ultimately not good for anyone, but that's clearly what is happening - hence the bugle/trumpet forming...
Will they survive this one?
Lets see what the treasury and the traders do now!
It's a pity its not just all left to the markets without these manipulations.... pushing Treasuries, DXY, yields, gold and oil prices around whilst creating policy and noise to control and push the markets is ultimately not good for anyone, but that's clearly what is happening - hence the bugle/trumpet forming...
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I forgot. to mention, this is happening across all the major indices... Nasdaq and Dow much the same...
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Well,let'ssee what happens on Monday!
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I must say, as the week and. earning season progresses looking more of a possibility! Highs on all indices scraping along the. same top line of the bugle/trumpet and still Elliot Wave 5....