All that the candles are saying to me, if I get really close to hear the whisper, "Is that the smell of hair burning"?
Personally I am still bearish.... We have had some really bullish signals. But signals and reality sometimes take a week or so to align. Volume is the key here and I do not see that volume yet. A rejection of $1400 and $23 will have me short
The Moar QE the Moar $$ JPM have to short Ag http://www.zerohedge.com/news/2013-05-22/market-reacts-bernanke-promises-moar
Yeap, I agree... we are no near out of the woods yet.... Ben has spoken... and hinted..... bond buying is on the cards.... I'm thinking of a 70% chance of picking up more at $20's..... and $1300's
Setting up nicely for a breakout... will it be $26 or $20? Or both, my $$ is allocated towards the upside as it is more clearly defined allowing for tighter stops.
@thatguy, I tend to agree - price keeps tapping away at resistance - suggests upwards move. Bollingers also squeezing.