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“March 20-April 4 is the cosmic peak in this current state of hysteria and/or irrational delusion. It is also a time when many financial markets are due for a reversal. either a bottom, or perhaps culminating in a sucker’s rally. <span style=”text-decoration: underline;”>If the latter, then this may continue until Venus turns retrograde in mid-May. “</span>
During the night it was buying up without much let out.
Now it is selling off without much retrace.
Oil is near $20 a barrel and a bounce there could be a clue to a change. However no idea where a low maybe given the complete drop in demand. However TRUMP is TRUMP and if he is unhappy with Oil here, he will do something about it.
Plan your trade, trade your plan!
I am not going to do anything on the markets here. If I was up during the night there was a shorting opportunity. Here now is not a buying opportunity (apart from very short term rsi divergences). and they are not to be trusted at this time.
Plan your trade, trade your plan!
We need a good old $vold to nail a bottom for this…. 😉
Will keep you informed 🙂
Where is Chris (Cimac). I hope he is ok?
Plan your trade, trade your plan!
Short 2564.9 on June ES
Just following my plan earlier of shorting a gap up
Plan your trade, trade your plan!
Seems the same as Friday, it tries to go down but just spikes back up. Same action post 2008 and 2012 of QE. Fighting the fed!
However I will plan trades and trade plans but not be greedy.
Plan your trade, trade your plan!
Short 2564.9 on June ES Just following my plan earlier of shorting a gap up
Closed for 30 points profit.
Plan your trade, trade your plan!
The secret is not to over trade.
In theory I should just walk away, be happy with today’s bankings and not risk losing it in any way.
However my net plan is to short a high into 3.20/3.30pm. If it comes, I will, if not, I will look for another trade.
Plan your trade, trade your plan!
I cannot see a reliable pattern so I’m happy to stand aside for a few days until something develops which gives a recognisable pattern and a high degree of reward/risk.
Hola all
PLease al keep safe and sound
Phew happy to be back in pad
rgds
Zarif
LEaning S2H ?
Small droplets of rain turn into Rivers, Streams and Mighty Oceans
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