9 replies to this topic

[NAV]

If we breakout above SPX 2725 and sustain, we are going to turn the short term trend up and could trigger a rally towards 2800+.

 

If we get rejected on Monday anywhere below 2725, it would trigger a swing short, which will be a wave 3 kind of downside move.

 

I am ready to go either way depending on the action !

 

Have a good weekend. It's going to be hectic next week 

 

P.S - Short term trend is still down as of Friday's close.

[bighouse1006]

I couldnt agree more. Just look at the last 4 days on the $Rut, 30 point intraday moves each day.

[redfoliage2]

Heads up:  Italian Election on Monday and we may see reactions from the European and US financial markets:

 

https://www.investme...s-a-euro-killer

[cycletimer]

Here's one threat to Friday's late rally:  https://www.cnbc.com...k-heats-up.html

[tommyt]

"Here's one threat to Friday's late rally:  https://www.cnbc.com...k-heats-up.html"

 

No one wins in a trade war. 2018 is my year of volatility, it will continue.

Edited by tommyt, 03 March 2018 - 04:52 PM.

[andr99]

Heads up:  Italian Election on Monday and we may see reactions from the European and US financial markets:

 

https://www.investme...s-a-euro-killer

 

 

heads up.....Sunday the leftists will be politically erased from this so called country. The dog (the North) will free itself from at least part of its @@@@@....others remain, but one thing at one time

Edited by andr99, 03 March 2018 - 06:33 PM.

[ryanoo]

Heads up:  Italian Election on Monday and we may see reactions from the European and US financial markets:

 

https://www.investme...s-a-euro-killer

"Italy election: Exit polls point to no party gaining absolute majority in parliament as polls close"

http://www.independe...a-a8239606.html

What does it mean to euro and market?

[andr99]

as expected.......the real final result, which is not an exit poll, says that the leftists have been destroyed while Mr Berlusconi, who is always tanned also in Winter, hasn' t been able to get over 15%. The comical thing is that those that are said to be far right parties.......in America would be considered socialists 

[andr99]

I' m laughing also from my @@@ hole......the faces of the leftists on TV are something I would have paid for, given for how long I have waited to see them like that. I need to buy a dvd recorder because I want to record them and keep the memory of this moment LOOOOOL 

 

don' t worry my dear leftists and be happy.....life is like that....next time we want you below 3%

[GreatWarrior]

So Nav, are you shorting today? 

 

I am thinking to wait for SPX 2730, be it today Monday, or tomorrow. 

 

Thanks