Mike's Mid Day Minute is available to members on Monday, Wednesday & Friday evenings, with one article per week available to non-members. Members please login and see "Mike's Mid Day Minute" in the navigation menu towards the top of the page.
As Yellen Testifies, So Goes the ES... Higher Of Course
Thirty minutes into Yellen's testimony, the e-SPU appears to have completed a "micro" digestion period off of last evening's high at 2107.50 into the 2099.50 area, and has turned up into a new upleg that is on the verge of taking out the 2107.50 high in route to my next target zone of 2125/30.
Only a break below 2099 will indicate that a more pronounced corrective sequence is in progress.
