Today was a y wave double top so now a z wave into either Friday or Monday to the 2950s then one last wave up into either Tuesday or Wednesday there is a low due either oct 2 or 3. Could hit 3046 on up side early mid next week and 2840 on downside in early October
DEJA VU? Tomorrow is 1 year Anniversary of 2018 Top
Started by
dTraderB
, Sep 19 2019 05:01 PM
33 replies to this topic
#11
blustar
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blustar
#12
da_cheif
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Posted 19 September 2019 - 09:10 PM
either .;..or.....justabout covers it all......:>)
#13
dTraderB
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Posted 20 September 2019 - 10:12 AM
SPX will finish flat today?
#14
dTraderB
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Posted 20 September 2019 - 10:28 AM
problems?
lots of liquidity will be gushed out during next 3 weeks!
This is like QE4 in disguise!
Feeding the bubble can be very expensive since you have to do it for a long time or else the bubble will devour you!
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NY Fed Releases Statement Regarding Repurchase Operations https://www.newyorkfed.org/markets/opolicy/operating_policy_190920 …
3 replies16 retweets13 likesReply3Retweet1613Like -
LiveSquawk Retweeted
Statement Regarding Repurchase Operations → https://nyfed.org/2kLCCef
#15
dTraderB
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Posted 20 September 2019 - 10:30 AM
Lawrence McDonald Retweeted John Carney
Translation: NY Fed now financing hedge fund carry trades globally, nice.
Lawrence McDonald added,
John CarneyVerified account @carney
The NY Fed just announced that it will be back in the market buying up to $75 billion of debt tomorrow morning in an effort to keep fed funds rate within target range. How long till they declare this permanent?
3:31 AM - 20 Sep 2019 from City of London, London
#16
dTraderB
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Posted 20 September 2019 - 10:34 AM
"The repo markets mystery reminds us that we are
flying blind" -- Financial Times
Good read on repo liquidity issues from @FT https://www.ft.com/content/35d66294-dadc-11e9-8f9b-77216ebe1f17 … “The fact that a “temporary” cash squeeze created so much drama shows that neither the Fed nor investors completely understand how the cogs of the modern financial machine mesh.”
#17
dTraderB
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Posted 20 September 2019 - 10:45 AM
Jeez, never thought this was so big and potentially disastrous, but now a FED guy is asking questions!
zerohedge Retweeted zerohedge
Fed's Rosengren just asked this question
zerohedge added,
zerohedge @zerohedge
What happens to the US CRE market when We files for bankruptcy
8:25 AM - 20 Sep 2019
https://www.zerohedg...ink-unthinkable
#18
dTraderB
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Posted 20 September 2019 - 10:52 AM
Will buy another lot of VXX around current levels 22.15 or lower if this ES move up off today's low continue
#19
dTraderB
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Posted 20 September 2019 - 12:15 PM
munching almonds while nursing a short NQ trade whn markets suddenly dropped like a stone....
closed half NQ short and closed i lot VXX long
#20
dTraderB
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Posted 20 September 2019 - 12:20 PM
Chinese toying with an increasingly worried foe
[RTRS] Montana Farm Bureau: China Delegation Cancels US Farm Visit To Montana - Agriculture Officials To Return To China Sooner Than Expected
10:14 AM - 20 Sep 2019
