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ES 4000-4050 LOW before rally to new ATH


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#31 K Wave

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Posted 05 September 2023 - 08:04 AM

Something just lit up crude...


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

 

 


#32 K Wave

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Posted 05 September 2023 - 08:06 AM

Saudis extending cuts....on alert for news noise reversal


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

 

 


#33 12SPX

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Posted 05 September 2023 - 08:11 AM

I'm always curious why the CME says that futures are following the holidays but they're barely closed lol!!  Looked at them once yesterday at the open then left it till last night at bedtime lol!!  Was surprised it was up but had a feeling we'd be down today as bond rates were backing up and going into the cash open its coming back again but I wouldn't be surprised to see more downside as we get going if rates hold the levels were at.  Besides that as d mentioned the put/call ratio is at extremes along with call prices themselves.  Most importantly real people are back from holidays so volume will be higher and reality will hit.  The economy is slowing, the Fed will hold rates where they're at for some time to come so what were waiting for is that flip of sentiment that maybe the economy will see something more than just a soft landing.  A harder landing with the estimated earnings levels for companies will create a shock and now that were in the fall season where you can wake up to -5% fall for little reason, its a good time to be cautious I think.     



#34 12SPX

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Posted 05 September 2023 - 08:12 AM

Whoops forgot, still holding my short from 4490 btw....



#35 12SPX

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Posted 05 September 2023 - 08:19 AM

Okay that's funny, I was talking about a soft landing and whalla, just saw the chart that shows google search for soft landings and it is now at record highs, way higher then 2008 lol!!  Gotta learn how to put up charts on here lol!!  



#36 K Wave

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Posted 05 September 2023 - 08:57 AM

Rusty and Trannies...


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

 

 


#37 K Wave

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Posted 05 September 2023 - 08:58 AM

DAX one more crack at 15800


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

 

 


#38 K Wave

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Posted 05 September 2023 - 08:59 AM

25700 starting to look big on BTC...see if it holds here...


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

 

 


#39 K Wave

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Posted 05 September 2023 - 09:00 AM

Gold...flirtin' with trouble...


Edited by K Wave, 05 September 2023 - 09:00 AM.

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

 

 


#40 K Wave

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Posted 05 September 2023 - 09:01 AM

Dr Copper still hangin' in there after another test of 3.80


Edited by K Wave, 05 September 2023 - 09:01 AM.

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