Probably not the best start to the day ahead.
The thing that has interested me over the past few days is how poorly the NASDAQ has been performing – to my eye it looks as if the uptrend from June has been breached. I will have a better look after the mornings data dump.
time to go to Rio?
You get your NASDAQ short signal and you’re about the pull the trigger, when Yellen looks you in the eye and says “I know what you’re thinking punk, has the Fed used all its bullets and this baby’s goin’ down or will I reverse the ‘taper’ and light a fire under its sorry arse?…Well???…go on punk, make my day!”