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the Dax the CAC and the shanghai composite


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#1 tradesurfer

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Posted 16 September 2016 - 10:52 PM

on the daily and weekly all look like crap technically.... gold and oil look bad too seem headed for a fall.

 

The dollar looks great and possible surge...

 

but I guess that does not matter and so our market will just take off north and ignore all of the above.... hmmmm



#2 gannman

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Posted 17 September 2016 - 05:21 AM

i think the fed meeting will set the trend for a little while anyway


feeling mellow with the yellow metal


#3 Charvo

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Posted 17 September 2016 - 07:32 AM

GDX and EEM seem to be trading with a bearish tilt going into the Fed meeting.  QQQ is the strongest.  It is very similar to the market going into the December 2015 Fed meeting.  The only thing I am bullish now is the QQQ.



#4 qqqqtrdr

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Posted 17 September 2016 - 08:57 AM

I think we are in a downward cycle on NYSE...   Yes can't tell it by looking at QQQ...   I see a lot of crosscurrents here in determining trading direction....