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nail biting time..was going to hold short through the announcement,but threw the towel in for +8pts…ha ha.watch it plunge..
nice link mauritius,i got one of those turn days for today,which unless big red candles show up out the starting gates “should” see a high..thats the plan anyway.cautious play to find a nice shorting oppo later in the day.seasonals,friday price action,obvious inverted head and shoulders on the short term charts all against this but lets face it…that was some serious rubbish from draghi friday! prior resistance and h+s neckline at equivalent 2106 spx,would be good but wouldnt rule out a pop even higher,how can u? lol
agreed paps,the usual “higher than youd expect bounce” then hard down.what a shame belgium cancelled tonights friendly with spain,they should of stepped up and made an occassion of it,this is the sort of response of fear the attackers set out to achieve.
terrible scenes in paris,2 massacres in the space of months.sad time to be living there,a lovely city..markets have bore up well considering.spoos gapfill then steadily upwards? or is that just to easy?
whooa!somebody turn the taps on,this market is red hot..nearly 200 handles up in 3 weeks!
this is nuts when u actually think about it,but the charts dont lie.major overhead resistance lies just above,was yesterdays reset enough to catapoult it through?i would expect a decent leg lower to start by monday/tuesday at the latest but this thing is on steroids…😉 nearly 100 handles up in 2 days! friday was the buying opportunity of a lifetime! all stocks are cheap and every economic and global concerns are moot!..wild days.
well the buyers came in as expected,already gapfill done and dusted,and no sign so far of stopping.could it make it back up to globex high? very likely unless it cracks soon.
yeah i noticed gold went nuts.have to see if the buyers come in in the first hour and a half of us open,my guess is they do below yesterdays low.
whoa! now thats what u call a five minute candle! straight down,hit support which lasted all of about 20 seconds.now going for the bulls jugular big time.interesting day awaits rth open,be careful out there!
spoos right at trendline resistance here around 1923ish.a break up could take us to around 1990 plus! turn back to 1904 support alternately..and below that scarytimes again lol
nice one…onto next week,dont think the next big leg down to retest the lows is too far away
.like you say though cim,easy does it,quite conceivable they want to keep it higher going into end of month window dressing.closed out for 45pts…thats me for the week.wish they could all be like this one lol!
you still long baa? hopefully get a decent short entry again monday.
