Just wanted to share a picture of insanity with you
This is a 1-min chart. The reason for the madness is employment data.
I have not looked at the report. I don't really care what it says. True industrial output has to pick first for employment to have a chance.
Just look that the whipsaw of the New York minute. Insane!
Looking at the report, now, I saw this
Spain rallies on joblessness.
Jobless Bulls Everywhere!
S&P 500 – May 15, 2012 - Bottom Line: Long term trend is up. Mid-term trend is down. Short-term trend is down Weekly S&P stage is Late Advance (2-C) Daily S&P stage is Strong Decli...
1 year ago