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Will the OIL CRASH also take down the STOCK MARKET?


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#11 K Wave

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Posted 08 March 2020 - 06:46 PM

Looks like Fisher was right.

 

Buying the open on the spike down to 30 could turn out to be a nice trade for a bit.

 

Bonds going nuts again..30 year futs up over 6 handles...

 

YM testing the big swing low right now...much stronger thus far relative to 30 year yield.


The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#12 merciless

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Posted 08 March 2020 - 06:47 PM

Looks like Fisher was right.

 

Buying the open on the spike down to 30 could turn out to be a nice trade for a bit.

 

Bonds going nuts again..30 year futs up over 6 handles...

 

YM testing the big swing low right now...much stronger thus far relative to 30 year yield.



#13 merciless

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Posted 08 March 2020 - 06:49 PM

 

Looks like Fisher was right.

 

Buying the open on the spike down to 30 could turn out to be a nice trade for a bit.

 

Bonds going nuts again..30 year futs up over 6 handles...

 

YM testing the big swing low right now...much stronger thus far relative to 30 year yield.

 

Russell futures stuck haven’t moved with a 6 pt spread for last 10 minutes ..... never seen that before



#14 K Wave

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Posted 08 March 2020 - 06:51 PM

30 yr yield under 1.10%...wow

 

10 year less than 0.5 %


Edited by K Wave, 08 March 2020 - 06:53 PM.

The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#15 CLK

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Posted 08 March 2020 - 06:56 PM

ES gap is abandoned again like at the top, should be a circuit breaker day in cash.



#16 Chilidawgz

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Posted 08 March 2020 - 06:57 PM

ES gap is abandoned again like at the top, should be a circuit breaker day in cash.

I agree


Anything can happen...what's happening now?
No one can forecast the future. No one.
 
All stocks (ETF's) are BAD...unless they go up - William O'Neil
When The Time Comes To Buy or Sell, You Won't Want To - Walter Deemer
 
 

#17 K Wave

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Posted 08 March 2020 - 07:02 PM

 

ES gap is abandoned again like at the top, should be a circuit breaker day in cash.

I agree

 

If YM starts living under 24,700 for any length of time....who knows where she stops....

 

25,200 again looking key if it starts to rally...


The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#18 dTraderB

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Posted 08 March 2020 - 07:08 PM

 
US equity futures circuit break triggered - ES limit down
 
US equity futures circuit break triggered - ES limit down


#19 K Wave

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Posted 08 March 2020 - 07:09 PM

Super short term pivot zone at 24,750

 

Above that, a rally attempt possible...


The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#20 dTraderB

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Posted 08 March 2020 - 07:10 PM

maybe I trade the YEN with this futures ES limit on 

"Circuit breaker" kicks in on US equity futures when E-mini futures fall 5%.
ES is S&P500 futures.  
Limit down means the contract is not allowed to move down more than 5% in overnight 
  • that is, there can be no trades lower until 9:30 am NY time
trade above the lower limit is permitted
  • that is price can trade up, just not any further down
 
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So, in summary:
  • 5% up-and-down limits
  • effective 5:00 p.m. - 8:30 am CT, Sundays through Fridays