What Goes Up…

ES’ levitation off its election night lows has drawn very little attention.  But, as we discussed yesterday, it was a stark reminder of the ability and willingness of the central planners to do “whatever it takes” to keep stocks on track.2016-11-15-es-60-0600Frequently, though, these stick saves are more than was necessary, and they’re left with the question of how to back fill a rally without panicking the masses.  Such is the situation this week.

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