21 replies to this topic

[redfoliage2]

WH to announce tariffs on China;

Congress on passing the budget.

Edited by redfoliage2, 22 March 2018 - 07:57 AM.

[tradesurfer]

You forgot one.... Mercury retrograde today and tomorrow !!!!    

 

 

P.S.  Interesing historical fact:  Mercury became Retrograde On October 16, 1987 (Friday) at 22:16

Edited by tradesurfer, 22 March 2018 - 08:01 AM.

[redfoliage2]

You forgot one.... Mercury retrograde today and tomorrow !!!!    

I was not aware of this bearish astronomical event.  But it's not looking good from the index futures with all near term supports broken.  SPX may drop to 2650 before we see a bounce.

Edited by redfoliage2, 22 March 2018 - 08:06 AM.

[Waver]

Has Mercury become retrograde since 1987?
If so, what were the stock market results?

[tradesurfer]

Has Mercury become retrograde since 1987?
If so, what were the stock market results?

 

 

It happens every few months or maybe about 3 times a year. It is not uncommon.  I am no astro pro, but I DO like to know when it occurs because it historical precedent of leading to HUGE volatility and in some cases big market crash or mini crash....   Many times or most times it does not have huge effect but at certain market extremes it can have bigger effect.

[redfoliage2]

 

Has Mercury become retrograde since 1987?
If so, what were the stock market results?

 

 

It happens every few months or maybe about 3 times a year. It is not uncommon.  I am no astro pro, but I DO like to know when it occurs because it historical precedent of leading to HUGE volatility and in some cases big market crash or mini crash....   Many times or most times it does not have huge effect but at certain market extremes it can have bigger effect.

 

It's happening right at a time when the market is set to re-test the recent lows..........

Edited by redfoliage2, 22 March 2018 - 08:16 AM.

[redfoliage2]

It's said that China has prepared a list of US products for retaliation if the tariffs on China is implemented.  A trade war looks real...........

Edited by redfoliage2, 22 March 2018 - 08:24 AM.

[redfoliage2]

Anyone knows what time today the White House will announce tariffs on China?

[tradesurfer]

Anyone knows what time today the White House will announce tariffs on China?

 

12:30

[redfoliage2]

 

Anyone knows what time today the White House will announce tariffs on China?

 

12:30

 

Thanks.

It's going to cause more selling in the afternoon.  My FF is that SPX will hit 2650 by the end of the week............

Edited by redfoliage2, 22 March 2018 - 09:00 AM.