Short term variety. I don't have strong conviction on this one, but am looking for a good trigger to go short. Something like an upside breakout that fails. Price action looks bullish for that.
Edited by nacho, 02 December 2020 - 11:14 PM.
Ingredients for a selloff are here
Started by
nacho
, Dec 02 2020 11:04 PM
4 replies to this topic
#2
slupert
-
- Traders-Talk User
- 2,800 posts
Member
Posted 03 December 2020 - 12:48 PM
Tomorrows report might be a big let down. Stimulus might come and give them unemployment, would be better if they go back to work. Market hasn't learned how hard it will be to get them off a check once they get one, market's going to learn the hard way. (JMHO)
#3
nacho
-
- Traders-Talk User
- 82 posts
Member
Posted 03 December 2020 - 12:59 PM
I agree. The victim in all this will be the USD. Stocks/Bitcoin/Gold etc. will all pump as a result.
#4
slupert
-
- Traders-Talk User
- 2,800 posts
Member
Posted 04 December 2020 - 08:15 AM
I agree. The victim in all this will be the USD. Stocks/Bitcoin/Gold etc. will all pump as a result.
Stimulus proposal, rejected by McConnell, would not help hurting Americans (cnbc.com)
#5
slupert
-
- Traders-Talk User
- 2,800 posts
Member
Posted 04 December 2020 - 08:18 AM
I agree. The victim in all this will be the USD. Stocks/Bitcoin/Gold etc. will all pump as a result.
Stimulus proposal, rejected by McConnell, would not help hurting Americans (cnbc.com)
The more I think about it, Mitch Hoover could lead us in to a real rough time here.
