EOD Market Update SPX500 9/12/2017

in #investments • 9 years ago (edited)

Summary: We went to the top and the bottom of the trading range 5 times today in what looks to be an ending diagonal. Lots of money to be made no matter what direction you were working. The canaries in the coal mine were beginning to signal as gold bounced and UJ reversed gears.

We have the FOMC coming out of the closet next week and I expect them to sound 'cautious' as Fischer is heading out to pasture next month. The debt ripped through $20T so there really is no going back at this point. USD is finished as we know it. Hold your cryptos close and your precious metals even closer.

Watch for a trigger after the FOMC announcement with an eye on metals.

#stocks #technical-analysis #silver #gold
9 years ago in #investments by
$0.04
  • Past Payouts $0.04
  • - Author $0.04
  • - Curators $0.00
15 votes
Reply 0

Coin Marketplace

STEEM 0.04
TRX 0.33
JST 0.097
BTC 64784.50
ETH 1877.78
USDT 1.00
SBD 0.38