As a note on the day, there are several inverse HS looking patterns on the SP500 and Dow for instance…that I am sure are being interpreted as breakouts today…however, the midcap 400 is most definately NOT an inverse HS and moreover finished at the lows of the day with a rather bearish candle. The underperformance of the Russell and Midcaps continues…I will post some more charts later.
Friday: Personal Income and Outlays
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[image: Mortgage Rates] Note: Mortgage rates are from MortgageNewsDaily.com
and are for top tier scenarios.
Friday:
• At 8:30 AM ET, *Personal Income and O...
5 hours ago