266 replies to this topic

[K Wave]

They're giving wheat and gas away for free while the dollar is going to the toilet, all brought to you by miracle of futures trading that you use dollar paper to trade with?

markets...irrational...longer...you know the old saying

 

why you have to use the charts to tell when rationality might actually be coming back.

 

Nat Gas is dirt cheap here, but the timing is key, especially with monthly contract rolls.....

Edited by K Wave, 06 April 2023 - 11:44 AM.

[redfoliage2]

 

 

As the current market is mainly data driven expect the market spikes up and down with data release.  Shorts may have to cover in the afternoon as the selling has dried up and China PMI data out tonight at 9:45 pm that is likely to be better ....................

I'd not be surprised if SPX reclaims 4100 by the close today/tomorrow morning ...........................

 

So bulls got SPX pivot line 4100 reclaimed indicating the ST consolidation likely over .........................

 

So it looks that bears failed for now.  SPX 4200 next week?

Edited by redfoliage2, 06 April 2023 - 11:51 AM.

[12SPX]

So exciting hearing the bullishness coming out, watch the sky lol!!  Average short 4125....

[redfoliage2]

Of course, anything next week depends on the data as this is a mainly data driven market.......................

Edited by redfoliage2, 06 April 2023 - 12:49 PM.

[K Wave]

Bears still holding the lines they need to hold.......

 

probably no big decision until next week....

[dTraderB]

Closed GOOGL 108.25
COULD spike up again to 120 on AI product nrws
But, next week...

Holding CALLS: TLT, UVXY, KRE, XLF: few small holdings including HSI.
1 HEDGE SHORT 4130

ENJOY THE HOLIDAY WEEKEND!

[redfoliage2]

Well, I just unloaded ES calls for the long weekend ....................

Edited by redfoliage2, 06 April 2023 - 02:17 PM.