- This topic has 152 replies, 8 voices, and was last updated 9 years, 3 months ago by
.
-
Posts
-
Off topic
TV Western ‘Gunsmoke’ is on ITV4 at 18:00
Best we don’t tell hogwash as Miss Kitty used to raise his pulse rate.
Never give up, never surrender.
Ftse bears will be pleased to have seen the Ftse over 100pts down
from, monday’s late high, even monday’s early high.Ftse bulls will take comfort there was no proper break of 7000
So far this week has been something for everyone.
Mon up, Tue down, Wed up, Thu up, Fri down, was the call and
so kinda as expected for the Ftse.Never give up, never surrender.
Well here we are in the EOM window (allowing +/- 2days)
and so I am expecting a push higher that does not stick.Never give up, never surrender.
My analysis indicates we top sometime over the next two weeks
I have small entry orders to short the Ftse at
7200
7225
7250
and will now standaside and see what happens.Never give up, never surrender.
Spoke to chap (in his sixties) who works in my card shop last night, and he said many of his friends are really struggling financially and that all the stories of the economy improving are rubbish.
Dan, in the UK that would be anyone from middle income
downwards and things are about to get worse, imho.Never give up, never surrender.
My analysis indicates we top sometime over the next two weeks
A proper break of Ftse 6900 would set the ‘h’ as in for now.
I would not call it a top, unless it is some kind of truncation.I did not think the odds favoured an ‘h’ so early in this two
week window.Never give up, never surrender.
SPX @ Tue 28 Apr 15 … and DAX @ Fri 17 Apr 15
See the MONTHLY charts. The starting point for the wave-(C) ending diagonal has been repositioned on both charts from the 2010 to the 2009 pivot low to better account for the developing price action.
For the SPX the initial topping target for wave-(C ) is 2130, based on wave-1’s length (red horizontal).
The latest high was 2125 on April 27th.For the DAX, the initial topping target for wave-(C ) is 12260 (red horizontal).
The latest high was 12389 on April 10th.At the latest highs, the ratios of the actionary waves (1:3:5) were:
• SPX – 100 : 188 : 61 (typically 100 : 162-200 : 62-100);
• DAX – 100 : 165 : 131.Confirmation of a lasting top is a breach of the 4th wave low (magenta horizontal), well below at:
• SPX – 1820;
• DAX – 8356.Cheers WND
That confirmation level for spx and Dax gives quite
a lot of time and space to play, unless we get a
pretty good down move, soon.Never give up, never surrender.
Ftse dented but not broken as 6900 is still intact.
A dangerous level to trade perhaps. I think so.
Never give up, never surrender.
Well the bulls have to turn up very soon as many major
stock markets are on the thin ice part of their charts.Many times in this post credit crunch rally we have
seen the bulls pull out the stops. Failure here and
we will be aiming for the October 2014 lows as a
first major test, imho.Never give up, never surrender.
UK bank holiday weekend.
I will be away from the screens until late on tuesday.
No open trades for me. I will enjoy my mini break much
more that way.Have a great weekend kpaders.
Never give up, never surrender.
Spoke to chap (in his sixties) who works in my card shop last night, and he said many of his friends are really struggling financially and that all the stories of the economy improving are rubbish.
Absolutely agree.
Carcraft (a massive car dealer in the North West) went under yesterday with massive debts. WHat recovery?
Plan your trade, trade your plan!
UK bank holiday weekend. I will be away from the screens until late on tuesday. No open trades for me. I will enjoy my mini break much more that way. Have a great weekend kpaders.
Well done, enjoy the quality time.
Initially I thought it should be NFP’s today as its the first Friday of the month, however it seems like they have it for next week. So today should just be another crooksday.
Plan your trade, trade your plan!
SPX @ Tue 28 Apr 15 … and DAX @ Fri 17 Apr 15 See the MONTHLY charts. The starting point for the wave-(C) ending diagonal has been repositioned on both charts from the 2010 to the 2009 pivot low to better account for the developing price action. For the SPX the initial topping target for wave-(C ) is 2130, based on wave-1’s length (red horizontal). The latest high was 2125 on April 27th. For the DAX, the initial topping target for wave-(C ) is 12260 (red horizontal). The latest high was 12389 on April 10th. At the latest highs, the ratios of the actionary waves (1:3:5) were: • SPX – 100 : 188 : 61 (typically 100 : 162-200 : 62-100); • DAX – 100 : 165 : 131. Confirmation of a lasting top is a breach of the 4th wave low (magenta horizontal), well below at: • SPX – 1820; • DAX – 8356.
Makes perfect sense and thanks for sharing WND
Plan your trade, trade your plan!
- You must be logged in to reply to this topic.