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Big picture broad brush round numbers for the Dow
20000 down to 17000
17000 up to 20500
20500 down to 14000
14000 up to 22600Spx 2300 -> 1950 -> 2360 -> 1600 -> 2600
No money back … reader beware !
Never give up, never surrender.
Italian banks needing bailouts, eight years on from
the credit crunch and trillions of QE having been
spewed out by central banks around the world.So has the eight years of QE achieved naff all or
are banks still inept or corrupt.May be a question we have answered in 2017
Never give up, never surrender.
Closed all positions for Christmas.
I think the bulls will be happy with prices like
Ftse 7000 – Dax 11400 – Dow 19900 – spx 2260
and then rally after Christmas into year end.I will leave an entry order to short Dow 20k
Never give up, never surrender.
Hard not to see a slow grind higher into new year now but anyone switching off now until January is unlikely to miss a whole lot.one last leg higher into a January top sometime is my gameplan,then looking for at least a 10-15% correction.averaged out of my errant swing short at b/e this morning,may set a long for next week later depending on the action.loads of last minute xmas shopping to get done..argh!
After a few failed shorts , I’m ss again and will hold over the holidays .
stop above 2287.
I can see negatives in the broad NYSE and the dt that formed there & nq is at best indecisive , but only needs to close 1% lower from here this week to turn the st trend down . Trannies looks weak too and may have lead as normal . 1% lower there would also give us a proper trend reversal.
So maybe they spike the dow to 20K , but as long as spx doesn’t rally more than 20 pts , the broader indices look done to me and , even if I’m very wrong , the stops will cost me relatively little….
Until next year..HNY
Small short Ftse 7053 – stop 9600 – limit 4500
Just to give me some interest on the short side.
Never give up, never surrender.
Small short Ftse 7053 – stop 9600 – limit 4500
Just to give me some interest on the short side.
Take 5pts
Never give up, never surrender.
I still want an acceptable short entry over Christmas.
Dow 19950 to 20000 range is my short entry target today.
Never give up, never surrender.
Ftse 7100 – Dax 11500 – Dow 20k – spx 2300
are all potential hits with this low volume.Never give up, never surrender.
Ftse 7100 – Dax 11500 – Dow 20k – spx 2300
are all potential hits with this low volume.Of the above I have chosen Dow 20k and Ftse 7100
with entry orders setup for both.Never give up, never surrender.
Ftse 7100 – Dax 11500 – Dow 20k – spx 2300
are all potential hits with this low volume.Of the above I have chosen Dow 20k and Ftse 7100
with entry orders setup for both.No takers on Ftse so that has been scratched.
Just the Dow 20k order left now and it would
take a lot of bull to get that filled today !Never give up, never surrender.
Small short usd:cad at 1.35302
Recent rally has been completed on holiday volume
so I expect this gets retraced. So small pts are
all I expect and will close before year end.Never give up, never surrender.
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