Factoring part time and blah blah blah makes absolutely no difference to the FED. They've repeated this. In the FED's eyes EMPLOYMENT IS ON TRACK. Period. End of story. It doesn't matter whether or not you believe them, and have a guess at what real employment is- the FED makes the rules, and they raise on their terms. This was repeated all last year, and guess what- they raised December (as they repeatedly said they would)
You cant ignore GDP either. It's kicking ass.
The only issue is oil. Of which, technically at least, has set the bottom. A gander at daily says we see a dip, monthly says after that dip it takes off. Unless there is a massive fuck you move.
lunch date- will post charts in a few hours
Eh, you don't need a chart. Double top on daily, monthly yet to be seen- but possible hammer with no LL.
You cant ignore GDP either. It's kicking ass.
The only issue is oil. Of which, technically at least, has set the bottom. A gander at daily says we see a dip, monthly says after that dip it takes off. Unless there is a massive fuck you move.
Eh, you don't need a chart. Double top on daily, monthly yet to be seen- but possible hammer with no LL.