I analyze macroeconomic issues from a fundamental perspective, and I analyze market behavior from a technical perspective. Original macroeconomic analysis can be found here and both macro analysis and commentary can be found on my Caps blog. If you like or appreciate my analysis, please add yourself to my Following List

Tuesday, August 10, 2010

Thar She Blows?

Charts in a sec. We are T-30 minutes from Fed time. I will try to keep some running chart commentary going.


[3:20] -- Update


[2:25] -- Possible micro count


[1:45] -- The Nasdaq Composite, Russell, and SPX all showed another trendline break in the move down the last 30 minutes (see highlights in yellow)

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