Market to the FED “We Double Dare You” FED to Market – “SOLD!”

Market to FED – “We Double Dare You!” FED to Market – “SOLD!” There was a great deal of pent up trading energy coming into the FED minutes.  Rightly or wrongly the market initially saw fit to sell off producing a momentum vacuum as many oscillators registered extreme oversold readings.  It didn’t take long before the “dip” buyers poured in to scoop up some poop running most indexes into positive territory.  However, that didn’t last with the selling resuming and producing a fairly ugly close on Wednesday.  The absence of buyers left larger gaps as sellers worked to fill orders.  I suspect tomorrow will likely see at least the 1630 to 1633 level in the e-mini S&P.  Keep in mind a serious break of that level drops firmer support to 1615.  The Gang of Six – AAPL, AMZN, GOOG, LNKD, NFLX, and TSLA are still holding the NASDAQ at higher levels. Things could get ugly so don’t be in a hurry to step in front of a locomotive picking up speed.   The FED minutes d

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