The first shoe to drop this morning was the energy sector (XLE).
Our intermediate trend was breached late in the day
ridiculous volatility on these Fed days
Wednesday, September 23, 2009
Fed day sold
A lackluster rally after Fed announcement led a sizable sell-off. We have to see what happens the rest of the week to see if dip-buyers step in.
The first shoe to drop this morning was the energy sector (XLE).
Our intermediate trend was breached late in the day
ridiculous volatility on these Fed days
The first shoe to drop this morning was the energy sector (XLE).
Our intermediate trend was breached late in the dayridiculous volatility on these Fed days
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