coolhand
Well-known member
This week's NAAIM reading shows the mean average rising a bit more than 1 pt. The reading was neutral last week (in my eyes) and that doesn't really change this week. The bears remain fully short and leveraged and the bulls remain fully long and leveraged. So, it looks like a wait and see game. Will next week's rate hike announcement be the catalyst to shake things up? We'll know before too much longer.