to the upside for the ongoing bounce, but maybe I was optimistic
I was waiting for something more
#1
Posted 05 February 2016 - 11:58 AM
forever and only a V-E-N-E-T-K-E-N - langbard
#2
Posted 05 February 2016 - 12:09 PM
to the upside for the ongoing bounce, but maybe I was optimistic
I think we just need to be a bit more patient. it will come. IMHO
#3
Posted 05 February 2016 - 12:12 PM
Watching USDJPY at the back kiss of the 117 area.....if it does not get something going upside very soon, wheels could be about to come completely off...HUGE air pocket opens up if we take out today's low....
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#4
Posted 05 February 2016 - 12:18 PM
Hourly SPX has been back on sell since breach of 1900 this AM...if we break 1880, could start to see acceleration down. And if 1867 goes....LOB....
We could see back kiss of 1900 before decision made, but if 1880 goes before then, the exits may get crowded....
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#5
Posted 05 February 2016 - 12:19 PM
I am looking for a low in SPX soon, maybe 1860 area and then a rally to 1935 area, but then a decline to 1800 give or take by mid March. Then a rally to 2000 area by mid May. Then kiss the market good bye for a couple years!
#6
Posted 05 February 2016 - 02:01 PM
6 hours now USD JPY has been wedging without being able to post an hourly close above 117....
somethings gotta give pretty soon now...possibly it will take until Sunday night...
Edited by K Wave, 05 February 2016 - 02:01 PM.
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy