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Small short Ftse 6870 as that could be the hod or
atleast it is an up swing to short from, imho.Never give up, never surrender.
Looking at what Spain has just done, you could well be right my friend Cim.
On alert now for a -13/-17/-23 day in the US on ES futures.
Plan your trade, trade your plan!
Cheers ‘K’
Seems to be a lot of money going into safer haven US bonds.
Never give up, never surrender.
i agree K , worse case should be a reversal day today with more selling tomorrow . Looking for the 1886-88 area , where it’ll be decision time .
Fantastic to hear Jeremy. How are you keeping my friend? Hope all is well.
Plan your trade, trade your plan!
very well K . had quite forgotten how long a topping process takes-lol
must be something to do with all those boyz having rather a lot to distribute…
Not sure if the Ftse wants to retest 6900.
Maybe an ‘A’ shaped day timed to US data.
Never give up, never surrender.
The other thing to mention re the Ftse is that the chance of
seeing 7000 before 6000 comes into play. Which is not my
prefered pattern but I am prepared for it none the less.Never give up, never surrender.
The other thing to mention re the Ftse is that the chance of
seeing 7000 before 6000 comes into play. Which is not my
prefered pattern but I am prepared for it none the less.A possible route would be down to the 6750 zone and then up in 7000’s
but I doubt the Ftse would do this without other stock markets also
pushing their highs yet higher.The answer to this puzzle maybe nearer than we think.
Never give up, never surrender.
Closed my Dax and s&p shorts for peanuts.
I will just trade the Ftse until we see more daylight, fwiw.
Never give up, never surrender.
maybe ndx needs a new high or a dt before the bulls release their grip…wanted to see 1902 print today to close a few , but wishful thinking it seems
Talk of ECB action keeps the bulls hopes alive.
All eyes will be on the next ECB meeting which
is most likely on 5th June, a day to be flat.Maybe we can get a few down days before then.
Never give up, never surrender.
Its all building up to a “set” pattern.
This is the final thrust imo.
How, why, where, when it ends is an unknown.
It falls 30-30 points very soon a done deal.
It then falls 70-130 points PDQ also a further done deal.
Until then let it be as perverse and mad as it needs to be.
We are talking days, not weeks imo and I now refuse to put on any longs whatsoever.
Plan your trade, trade your plan!
What happens tomorrow?
Dax roundie 10k? Undershoot or a euphoric touch and sell?
Plan your trade, trade your plan!
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