Friday, July 12, 2013

S&P 500 Price/Volume Heat Map- 7/11 Trading Day

Yesterday, the S&P 500 exploded to upside as investors lathered themselves up following comments from the Bernanke suggesting the Fed will maintain low interest rates. I guess the Fed is now suggesting it is not tapering. To me, this is purely a noise event, as signals the economy is weakening are evident.


In any event, the price/volume heat map showed a positive bias across all sectors in yesterday's trading.


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