W/B Saturday 30th May

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  • #31654
    cimac
    Participant
      • Topics 82
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      No position for me as I decided a fresh look
      at stocks this weekend was to be my plan.

      Never give up, never surrender.

      #31655
      cimac
      Participant
        • Topics 82
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        Project Bull/Bear rates next week as CDCCD
        which indicates more downs than ups.

        Never give up, never surrender.

        #31656
        Khalsa
        Moderator
          • Topics 1069
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          Project Bull/Bear rates next week as CDCCD which indicates more downs than ups.

          “More downs than ups”. This I have to see.

          Plan your trade, trade your plan!

          #31658
          cimac
          Participant
            • Topics 82
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            FXCM has Dow and Nas bullish, Dax neutral.

            Never give up, never surrender.

            #31659
            hatman
            Participant
              • Topics 10
              • Replies 1467
              • Total 1477

              DOW:  the ‘five up’ count remains valid because support at 25,000 wasn’t broken.  However it looks uncomfortable.  If the five up is valid the market needs to put in a miraculous up phase this week.

              It remains the case that 25,000 is the key line for the five count,  If broken I imagine the market will likely try to overlap 24,700 thus creating a ‘three’.

               

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              #31661
              cimac
              Participant
                • Topics 82
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                Mixed signals, mixed analysis, this week should sort things out.

                I think odds are Dow in threes, unless we get a mini crash.

                I will short the Ftse at 7am

                Never give up, never surrender.

                #31662
                Khalsa
                Moderator
                  • Topics 1069
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                  Good morning all,

                  I have put a 20 point limit in. Opportunist I know.

                  My SPX 3042.3 short from Firday, was closed last night via the limits for 20 points

                  It went lower but the risk remains the dipsters and they managed again to buy it all the way up. It is getting very monotonous now but to be honest I am not surprised

                  I have no real plan at the moment other than expecting for this rally to end abruptly.

                  Plan your trade, trade your plan!

                  #31663
                  Khalsa
                  Moderator
                    • Topics 1069
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                    • Total 12654

                    Project Bull/Bear rates next week as CDCCD which indicates more downs than ups.

                    That looks quite definitive for this week as being a bear one.

                    Plan your trade, trade your plan!

                    #31664
                    cimac
                    Participant
                      • Topics 82
                      • Replies 6956
                      • Total 7038

                      Ftse retest of 6200 zone … possible S1H

                      Early hours US futures cranked down hard.

                      Very mixed picture.

                      Never give up, never surrender.

                      #31666
                      cimac
                      Participant
                        • Topics 82
                        • Replies 6956
                        • Total 7038

                        Some think the recent US rally was shorts jumping off
                        as the money outflows from stocks exceeded inflows.

                        Never give up, never surrender.

                        #31667
                        cimac
                        Participant
                          • Topics 82
                          • Replies 6956
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                          Ftse retest of 6200 zone … possible S1H

                          Early hours US futures cranked down hard.

                          Very mixed picture.

                          US rth match futures low.

                          Never give up, never surrender.

                          #31668
                          Khalsa
                          Moderator
                            • Topics 1069
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                            God knows Cimac.

                            Every bad news thrown at this has the response of just bouncing back

                            Terrible numbers again just now in the US for manufacturing. ISM due at 3pm.

                            There is just no downside traction.

                            I am waiting for a trade still.

                            Plan your trade, trade your plan!

                            #31669
                            houdini
                            Participant
                              • Topics 0
                              • Replies 484
                              • Total 484

                              Infuriating stuff lol..its just getting so obvious to buy the dip now,which usually happens before a decent pullback.

                              #31671
                              Khalsa
                              Moderator
                                • Topics 1069
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                                I need to start on shorts at some point and may as well when it looks worst for shorters.

                                Short 3046.6

                                Plan your trade, trade your plan!

                                #31672
                                cimac
                                Participant
                                  • Topics 82
                                  • Replies 6956
                                  • Total 7038

                                  Good day for me shorted Ftse at pt1
                                  then longed Dow at the spill down.

                                  I guess later I will short Ftse

                                  Never give up, never surrender.

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