Ben Bernanke, speaking to the U.S. Congress, dumbed down his remarks, in a message dumbbells wanted to hear.

Ther is a larger trading range on the daily and 120-minute time frames. The range has room to continue into Thursday, but the larger daily time frame still appears to have more room to play around with at the highs.

Professional system trader Art Collins shares his daily biases in the index, bonds and currency futures markets for July 19.

Toni Hansen writes that the indexes are still lacking any confirmation for a change in momentum to favor a breakdown.

Trading gives us lessons not only about what to do or not to do next time in a trade, but also life lessons about personality traits that could improve the rest of our lives too.

Professional system trader Art Collins shares his daily biases in the index, bonds and currency futures markets for July 18.

The GLD has been much less volatile, and thus exhibited considerable relative strength compared to the USO.

Now that we are in the midst of a huge, worldwide credit boom, what are its prominent features?

Wednesday represents a huge day of event risk for US asset markets, as traders will face not only critical inflation data, but also Federal Reserve Chairman Ben Bernanke’s testimony before the House panel regarding monetary policy.

The markets are still showing exhaustion, so most likely we'll see more of a response to the current resistance level, particularly since the volume is light.