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As I said yesterday – a +13 is just another day, you know +20 and +25 won’t be far away.
Mustard central
+25 prints Q.
lol, as I said yesterday why stop at a +25.
No seriously though, I do not want this higher than 2080 slack
Plan your trade, trade your plan!
Bludy hell, why stop at +25 indeed.
We just printed a +38.
TRIN at 1.28 lol lol
Plan your trade, trade your plan!
The biggest difference between trading post QE and prior to that is that declines are just one day wonders with no follow through.
Sure the emphasis yesterday was on break 2040 down on SPX and we got to 2042.35, but did we really expect a +40 today as a bounce back. I mean that undoes all of yesterdays falls and some.
I do not like it above the 2073/5 / 2080 area on ES.
If it can break that back down, it can remain in a downtrend otherwise the low is in for now
Plan your trade, trade your plan!
Seems like it’s settled here at +35……half of the 70 points you called Kman.
Wonder if we’ll get the other 35 tonight or will they save it for Monday.
lol Q, th eonly thing was that it was 70 points up into crooks quad oe.
That is still 2 weeks away!
Plan your trade, trade your plan!
Draghi “clarifies” today (I wonder why?)……”QE here to stay” & “no particular limits”.
No wonder they’re lapping it up
Draghi “clarifies” today (I wonder why?)……”QE here to stay” & “no particular limits”. No wonder they’re lapping it up
Are you serious? What a bludy joker. How crooked is that.
Plan your trade, trade your plan!
Yesterday was a downday. We had 2 DDUD’s intraday and bounced 10 points into close.
Today is an upday. No real retrace intraday and its up, up and away into close.
Plan your trade, trade your plan!
California shooting – confirmed as being investigated as a “terrorist act”. Do they care? No.
Read a great comment on Facebook today about the shootings which sums it up. “Am I worried about terrorists shooting us on our own soil – hell no, it’s what we do to each other day in day out”
So true Q. Very, very warped world we live in.
After 2001 every little balloon pop would spook them.
Now they are in cloud cuckoo land.
Its now up to that 2073/5 area again to break down.
So, so annoying that retraces are one day wonders. Then again as I said target was 2040 SPX and we did that, so I am not sure why I am surprised really.
Plan your trade, trade your plan!
http://www.tfmetalsreport.com/blog/7305/sp-500-update
I posted this the other day… Take a read if you have not already… Superb analysis of S&P monthly chart.
The moving averages he talks of are very close to crossing… And now separate to the s&p but still an unusual development is that commercials are net LONG gold for the first time ever apparently. That at a time when COMEX is virtually out of gold. It has 3 tonnes left! Nothing. India imported 100 tonnes in a month!! If COMEX defaults what happens? Surely they must default….. Will all hell let loose? I have no idea. Anyone demanding physical delivery will be forced to take paper instead. I find it utterly fascinating.
Time for the dow gold ratio to take it’s final decline to around 1?! I think it is on the cards in the next twelve months. Dow 17800 and gold 1080 zone now. What price do they converge?
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