Momentum indicators - All pointing up. OE Friday is generally an up day. Up today and generally Monday will be up too. End of Quarter coming up.
Edited by dTraderB, 21 June 2019 - 06:10 AM.
Posted 21 June 2019 - 06:10 AM
Momentum indicators - All pointing up. OE Friday is generally an up day. Up today and generally Monday will be up too. End of Quarter coming up.
Edited by dTraderB, 21 June 2019 - 06:10 AM.
Posted 21 June 2019 - 06:12 AM
The S&P 500 - Hold Long is the signal - R1 - 2980 SPX is the next resistance area. Rally is rhetoric driven, so what happens when the rhetoric goes quiet.
Posted 21 June 2019 - 06:13 AM
Selling Dogs for a profit, k.......... keeping all the show ponies
Selling Dogs for a profit, k.......... keeping all the show ponies
Posted 21 June 2019 - 06:16 AM
Crazy bond mkts in one chart: Bond yields across the world in free fall from already depressed levels.
Crazy bond mkts in one chart: Bond yields across the world in free fall from already depressed levels.
Posted 21 June 2019 - 10:23 AM
The S&P 500 - Hold Long is the signal - R1 - 2980 SPX is the next resistance area. Rally is rhetoric driven, so what happens when the rhetoric goes quiet.
1:41 AM - 21 Jun
its not rhetoric driven ....the only rhetoric for the last 20000 pts was 675ono and watch the sky......otherwise the dows divisor which is now a multiplier is the fuel for this coming monster bull......you havent seed nuttin yet
Posted 21 June 2019 - 03:49 PM
One of the strangest week in the markets, and politics.
It may be even weirder next week so need to get as much rest as possible
Posted 21 June 2019 - 07:00 PM
three weeks ago the RUT weekly cycles had 3 weeks until a down slope, tops can right translate
and when it usually is the breadth top unicorn fake index can right translate while termites rot the account,
not saying it is exact,
most likely will translate at least 1 week until the 4th.
the reasons probably geo-political like a Deutsche bank thing or some commy globalist perp walk
no harm if I'm wrong can change mind from cash will pick up some more cash level coming up soon.
If right should be 6 weeks down and even after that is just a bounce before more down. Well see in Aug. if its about right.
Count me in. Some more up to maybe get that 3000 banner, then down until December with stops along the way.
Make it a threesome! Right on target Achartist!!
Posted 23 June 2019 - 08:07 AM
I have cycle lows due last week and right now, You see where that got us. I also have lows coming in mid Aug-Sept. BUT these lows may be above here or lower, Cycles will not tell you that. But one thing I can tell you is NEVER... never fight the fed. Q-Easing... I recall in the recent past when the last round of QE was in full swing I got killed because no indicator, not one was correct. Next I suspect we will see a series of internal corrections that continue to reset over bought indicators and move higher.
I am VERY short term short RUT via TZA but will exit this position by the close Tues. as I expect end of quarter W dressing to take hold. I am thinking 2915-25 by tues close then a monster run to 3k
This comes from lessons learned the hard way. IF we get a major news event in the next 2 weeks that takes us down 3-4% it will be a gift for bears and the rebound will be ferocious!!
Posted 23 June 2019 - 12:16 PM
I think most people overlook the fact that the balance sheet reduction started slowing in May and due to end altogether in September.
I think it has way more impact than interest rates.