Closing Thoughts

1:05 pm PST. The Dow sold off at the open and then caught a bid into the close, but it was a weak close for the indices. The TLT made a new low on positive divergence, but I am not super bullish. We could, however, see a bounce back up to 119.75 or 120 into the Fed short-term. The Dow needs to consolidate.

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2 thoughts on “Closing Thoughts

  1. Hi Susan

    Hope you had a good weekend. Can’t believe the price action for the miners…so insanely negative I am wondering whether there is momentum to bring in new lows. Are you still on the WEC blog? I’d like to send you an email but don’t want the world to know my email address :/

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