Typical Consolidation

Today was the typical consolidation day immediately following a nice rally. As we all know anything can happen with only two days left until expiration. With oil settling at $72.17 today and a CPI number that was not nearly as good as the market anticipated, the market could have problems holding at current levels for the short-term.

After a late post after an extremely busy day I am going to bypass the “daily articles section” and RSI Wilder (5) information. I promise I will make up for it tomorrow with some interesting articles. Also, I plan on revamping the daily content section of the blog (provide more content)  and would love to hear any thoughts or ideas for the blog. Take care.