Click here for a live, and updated chart!!!This mornings price action across the board is flat, to boring even though all the reports that came out this morning were decisively negative, Chicago Fed National Activity Index had a reading of 0.03 versus the expected 0.11, initial jobless claims were 454,000 versus the expected 405,000, continuing claims were 3.99M versus the expected 3.87M, Durable Goods orders were down 1.3% versus an expected increase of 1.5%, and the core reading was up 2.4% versus an expected increase of 0.9%.
The Equities remain in over-bought conditions, but until we get a decent pull-back, the trend remains up.
It's simply surreal what's happening...
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