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The charts, graphs and comments in my Trading Blog represent my technical analysis and observations of a variety of world markets...
* Major World Market Indices * Futures Markets * U.S. Sectors and ETFs * Commodities * U.S. Bonds * Forex

N.B.
* The content in my articles is time-sensitive. Each one shows the date and time (New York ET) that I publish them. By the time you read them, market conditions may be quite different than that which is described in my posts, and upon which my analyses are based at that time.
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Monday, June 21, 2021

Biden's 'PPT' Activated?

Has President Biden's 'Plunge Protection Team' been summoned to the White House to activate measures to combat the threat of market weakness...which arose in equity markets modestly last week, as shown on the following weekly chart of the Dow 30?


In the grand scheme of things, this drop is a mere blip, as shown on the monthly chart below.

If true, it's too bad that Biden doesn't spend his time to micro-manage the southern border crisis that he created, instead...and allow the 'free' markets to carry on freely, without political interference.

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