While all the elliot wave counters are looking for the ellusive missing wave up...the NASDAQ provides a powerful confirmation...this market needs to get back over that channel barrier pronto for it to maintain some upward momentum.
Fed’s Standing Repo Facility (SRF) Drops to Zero, from $75 Billion on the
Last Balance Sheet as Yearend Liquidity Turmoil Dissolves
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Unpacking the much-ado-about-nothing over year-end use of the Fed's pet
liquidity-providing mechanism, its standing repo facility.
1 hour ago

