FOMC minutes didn't do much to prop up the market today. From Fox Business the results in a nutshell, "FOMC minutes revealed Fed officials expect the U.S. economy to continue expanding more slowly than expected; however, divisions remain on whether more stimulus is necessary."
Beyond this the charts speak for themselves tonight. Updated market indices below alongside a look at the $USD. Stay frosty out there!
And here is a look at a clear as day wedge forming for the NASDAQ courtesy of my MarketSmith account. Note today's close right at the 50 day moving average. Coincidence? I think not.
Lastly, a look at the $US dollar. For a multi-year view head over to Bespoke.
