Calculated Risk. S&P 500 Snapshot: A Sine Wave and Closing RallyApr 15, 2014 Doug Short Before the market opened, the Consumer Price Index for March came in higher than forecast, although inflation remains exceptionally tame, and the Empire State Manufacturing Survey was surprisingly weak.
S&P 500 ignored the economic data and resumed yesterday’s closing rally to its morning high about 20 minutes later. By 2 PM the index had executed a complete sine wave from yesterday’s close. Calculated Risk. Snapshot. 대한민국 기업정보의 창, DART]