If the DJIA and $COMPX and S+P 500 all take a rapid dump I bet that Yellen decides not to raise rates this year. What will be interesting is when the 10 year treasury leaves her in the dust and simply demands more interest to be paid.
Tuesday, August 11, 2015
[RUSL] update
Per the backlink, RUSL held support but if I had to guess at this point, that falling wedge will ultimately count as a 3rd meaning the recent rally was a 4th and now 1 of 5 and 2 of 5 are complete meaning a good chance of break down of the top rail by 3 of 5 tomorrow. Blue is my alternate count and of course there are others which rapidly fall off my probability scale.
If the DJIA and $COMPX and S+P 500 all take a rapid dump I bet that Yellen decides not to raise rates this year. What will be interesting is when the 10 year treasury leaves her in the dust and simply demands more interest to be paid.
If the DJIA and $COMPX and S+P 500 all take a rapid dump I bet that Yellen decides not to raise rates this year. What will be interesting is when the 10 year treasury leaves her in the dust and simply demands more interest to be paid.
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