What The Heck?

The selling of digital metal began last evening in Asia. It accelerated in London and then really got going after the AM Fux. Once the Comex opened, a stronger-than-expected Retail Sales report opened the trap door and now we have another major, red candle on our hands. How many is that since November 9 of last year? Too many to count.

Here's what it looks like on the 15-minute chart:...

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Key Economic Events Week of 8/15

8/15 8:30 ET Empire Fed Manu Idx
8/15 10:50 ET Goon Waller
8/16 8:30 ET Housing Starts
8/16 9:15 ET Cap Ute and Ind Prod
8/17 8:30 ET Retail Sales
8/17 9:30 ET Goon Bowman
8/17 2:00 ET July FOMC minutes
8/18 8:30 ET Philly Fed Manu Idx
8/18 10:00 ET LEIII
8/18 1:20 ET Goon George
8/18 1:45 ET Goon Kashnkari
8/19 9:00 ET Goon Barkin

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