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Bears winning the early Ftse battle by not allowing the
late friday ooh quotes to be seen in rth thus far.Stops moved on my short from 6900 and as this is now
a winner, no need for me to keep updating the kpad.US markets still to make their move.
Never give up, never surrender.
Monday the bulls could not really hold their progress.
Tuesday the bears could hold their progress.
Wednesday is more mixed maybe bulls am bears pm
and so it will be interesting to see where we close.Never give up, never surrender.
Just an observation … My stuff indicates the prefered
window for an important low is 8th Oct to 15th Oct.Price wise I would say re-test Ftse 6000 as the timing
of the leg down fits well with my prefered pattern.Never give up, never surrender.
Well to do that, it would need to start heading south reasonably soon….
I went to the beach today and there was no beach. The sea (well river – I am where The Amazon meets the ocean) was ridiculously high. Reminded me of Spoos lol. Can’t wait for the tide to go out…….
Hi Dan
Watch out for the sharp teeth.
This market could move real quick at any time
so best to plan for that, imho.Never give up, never surrender.
NFP friday but what is a ‘good’ number these days.
Infrastructure spending is a better way to create jobs and
increase household incomes but where is another trillion
dollars to come from.Whilst they are mulling that over let’s drop to June 2013
levels to give dip buyers a nice entry point 😉Never give up, never surrender.
I would not let any current Ftse short in profit move
back above 6800 as you can always reenter, imho.Apart from that I will wait for NFP circus, fwiw.
Never give up, never surrender.
NFP’s were last Friday Cim.
Thanks ‘K’ … no need not to trade then 😉
Never give up, never surrender.
Next zone of interest for Ftse is 6820 which is resistance
based on fib retrace. Any who cashed shorts by moving
stop down to 6800 yesterday will be well blessed to get
back in at a higher level.Never give up, never surrender.
US data at 13:30 with most watching Advance Retail Sales (August)
and then at 14:55 the University of Michigan Confidence.Never give up, never surrender.
Maybe one more high before a sharp decline ( or not! all fwiw )
<h3 style=”color: #000000; font-family: Georgia, Helvetica, Arial, sans-serif; background-color: #ffffff;”><span style=”font-size: 12pt;”>http://www.safehaven.com/<wbr />article/35101/raj-time-and-<wbr />cycle-review-and-forecast-sep-<wbr />11-2014</span></h3>
Best regards to all Kpadlordia
Ftse downward progress from 6900 is currently 100pts so
much more to do if we are to retest 6000 by mid Oct.Looking at next week we have FMOC and Scotland vote so
plenty to watch out for.I would prefer a good drop on monday to set the week
off in my direction 😉Never give up, never surrender.
I’ve been sitting out with some shorts for a while. Doubled up near highs on Spx, FTSE and Dax.
Back in profit Friday so closed all for the weekend.
What usually happens now is it continues on down without me after I’ve been holding for ages  !
My hope is a rally back up to load up short again.
Dax, and in particular FTSE just wasn’t selling off when SPX was yesterday.
If they hold on Monday, it’s going back up again.
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