The Fed's Punch Spiking Continues To Be Modest
The Fed didn't spike the index fund trader punch last week and isn't doing so so far this week, see http://www.newyorkfed.org/markets/omo/dmm/temp.cfm?SHOWMORE=TRUE.
Watch NEM's downside gap at 50.71 from 8-21 and the XAU's downside gap at 140.77 from 8-21, which are likely to get filled this week, see http://finance.yahoo.com/q/ta?s=%5EXAU&t=5d&l=off&z=l&q=c&p=&a=m26-12-9,p12,fs,w14&c=. ....... http://www.JoeFRocks.com/
Watch NEM's downside gap at 50.71 from 8-21 and the XAU's downside gap at 140.77 from 8-21, which are likely to get filled this week, see http://finance.yahoo.com/q/ta?s=%5EXAU&t=5d&l=off&z=l&q=c&p=&a=m26-12-9,p12,fs,w14&c=. ....... http://www.JoeFRocks.com/
posted by Joe Ferrazzano at
7:02 AM
