13 replies to this topic

[redfoliage2]

I doubt it can hold this time as the windows dressing was over................

Edited by redfoliage2, 31 May 2020 - 05:43 PM.

[redfoliage2]

Gold is poised to go over 2000

https://www.traders-...ic/173683-gold/

Edited by redfoliage2, 31 May 2020 - 06:01 PM.

[redfoliage2]

It looks that bulls still in control and holding up the index futures ...................

Edited by redfoliage2, 31 May 2020 - 08:11 PM.

[pdx5]

Zero interest rates will keep market direction bullish with minor corrections. Do not fight the FED.

Not complicated. Excess cash has no other place to go.

[K Wave]

Watch VIX here today...already ramping pre-market...

 

If  it takes out 30 one more time upside, may be one time too many for bulls...

Edited by K Wave, 01 June 2020 - 08:16 AM.

[K Wave]

Watch AAPL here....unless they stick save it right at the open, could be about to go over the edge...

 

Trading below that last hour spike low on Friday would probably not be good for bulls there...

[12SPX]

I liked the heading on Zerohedge.  That is ridiculous and no one can deny that.  Kind of makes me want to take another look at going long anytime soon lol!! 

 

The FAAMGs Are Up 15% In 2020; The Remaining 495 S&P Stocks Are Down 8%

Edited by 12SPX, 01 June 2020 - 08:26 AM.

[redfoliage2]

IWM up one point so far today, and it looks rotating into small caps that are less affected by the US-China trade war..............

[K Wave]

So far bull holding the line OK this AM...

 

IF VIX now takes out 29, the battle for 30 may be over...

[K Wave]

Watching SOX here...looks like it real close to deciding whether it wants o continue on up or not....

Edited by K Wave, 01 June 2020 - 08:51 AM.