105 replies to this topic

[12SPX]

 

 

 

 

 

Something going on that should take the stock market further higher from here.  Buying dips should work well at this juncture  .........................

Here is most recent my market call and the time window, posted early today well before the cash market open:

 

https://www.traders-...550-vst-market/

 

Well, it looks lots of bears following those headfake moves in USD today. They are likely to find them stuck in a bear trap next week.......................

 

Somethning going to happen next week that should make USD going lower in the IT time frame.  Even just from the technical angle USD has double peaked.  I see today is likely the last day for USD bulls to get out with a good exit ........................

 

Another aspect that is being worked on and is likely to have a big impact on USD valuation - the US Sovereign Wealth Fund with Bitcoin asset, in a direction to devalue USD and so as to increase sales of American goods on the international markets.  Some progress on this may come out next week ..............

 

With all these going on in the backdrops the stock market is no doubt a beneficiary ...............................

 

I can tell its rocking higher, bahaha

[12SPX]

Just kidding of course are valid points but there are many things affecting the market now so I think volatility will remain....

[redfoliage2]

 

 

 

 

 

Something going on that should take the stock market further higher from here.  Buying dips should work well at this juncture  .........................

Here is most recent my market call and the time window, posted early today well before the cash market open:

 

https://www.traders-...550-vst-market/

 

Well, it looks lots of bears following those headfake moves in USD today. They are likely to find them stuck in a bear trap next week.......................

 

Somethning going to happen next week that should make USD going lower in the IT time frame.  Even just from the technical angle USD has double peaked.  I see today is likely the last day for USD bulls to get out with a good exit ........................

 

Another aspect that is being worked on and is likely to have a big impact on USD valuation - the US Sovereign Wealth Fund with Bitcoin asset, in a direction to devalue USD and so as to increase sales of American goods on the international markets.  Some progress on this may come out next week ..............

 

With all these going on in the backdrops the stock market is no doubt a beneficiary ...............................

 

The only thing I can find out why they did not want a breakout today (SPX just touched the breakout line at 6100 in the morning and got bounced down) is that bulls want to take the profits before the weekend.  But for those who shorted and plan to hold over the weekend it's likely a trap.  BTW, I kept loading ES calls at dips most of the day .....................

Edited by redfoliage2, 07 February 2025 - 03:34 PM.

[12SPX]

There we go profit stop 6046 cmon baby

[12SPX]

profit stop 6048

[12SPX]

rats no push out for a 3 point profit