6 indexes at a crucial point

Posted: May 2, 2016 in Uncategorized

(Graph start date 15 May 2015)

 

FIB NYSE

On the negative side

The NYA (NYSE) is in a challenging spot (interesting as it is were more of the algos trading are made).

The SP 500 is in a challenging spot

The NASDAQ is in a challenging spot

The Russell 2000 is in a challenging spot.

My Institutional Core Holding Index is in a challenging spot.

On the Positive side

Gold is in a challenging spot.

The Fed is again flooding the market with money.

My take: pay attention

My conspiracy theory (which usually prove not so much conspiracy, if you follow my blog you know): The FED knows that the market is preparing for a down move (May, Brexit etc) anwant to soften the blow so it can raise the interest rates in June.d

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