Wall Street: Is The NYSE Trying To Tell Us Something ?

nyse

Yes, we think the NYSE is seriously trying to tell us something, and let us give you a hint: the message begins by “s” and ends by “ell”

http://www1.nyse.com/images/about/TDAmeritradeBPCamera.jpg

(original publishing date: 12/05/2014)

This is not looking good:

The NYSE has stopped growing, and for three times it hasn’t managed to overcome an upper resistance.

This sideways movement is pretty scary, especially because it started with QE4: traders are afraid.
Afraid of what ? Afraid of the comeback to reality.

 

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