Indices view

I spoke about Facebook's woes in today's daily forex themes, but just take a look at the daily SP500 chart:

Some thoughts:

  • It just feels like this has really snuck up on us in a hiking cycle.
  • With GDP expected to be a big print, comments are going to be interesting.
  • Can it really break highs in this climate? I'm not so sure.
  • It's a great level none the less.