18 December 2014

SP 500 and NDX Futures Daily Charts - Voilà Tout


There was intraday commentary about this stock market rally here.
 
With a little follow through that might be it for now.  The market will most likely get quiet after tomorrow with an upward drifting bias.   It probably has more upside into year end and maybe even the first week in January *unless something happens.*
 
Reading this market as some indication of economic fundamentals is a mistake.
 
We are in the midst of a white collar crime wave.  It will not end well.
 
Have a pleasant evening.