Morning
Looking what occurred.
Yesterday we had a very negative astrological day.
I anticipated at least a 20+ handle move but it wasn't the case.
For the market to hold up so well in a negative day is a serious warning sign.
This market does have strength behind it and while many are emailing me stats on how bearish this is I don't share your views.
The past is just that the past and while it is a good indicator of what might occur, this market isn't the same, as last year.
Or the year before, the dynamics of the market are always changing and an astute trader will take heed of this and adapt.
One need to identify what works and what doesn't and use that to make money.
At the end of the day friends this is a zero sums game, all are squared off.
As repeating isn't smart once again I must say please look at whats current not what might.
Looking Forward
Tuesday is as the name says the turn around Tuesday.
We are moving into a period of a number of days where the market has different positive energies which I believe will propel the market higher.
Regardless of what news comes out just a reason to buy should the market slip up.
The Full moons bottom has held also which is another huge positive.1218.25
So until late next week I don't have any serious negative to hold down the market.
Lets look at the pockets of negativity.
18th 10am -2.30pm
24th is the Mercury retrograde period which we will go into more detail.
So for the time being bears you are warned.
Bulls
Until the 25th of this month there is no holding you back so run hard.
Get it out of your system because then the negative clouds are on there way ...
Disclosing that I do have positions in the market ES long 1246.50
Short bonds 141.30
AS ALWAYS USE THE ABOVE AS AN INDICATOR TO YOUR OWN WORK.
CheersAs this is being written 1249.25 bonds 141.27
Looking what occurred.
Yesterday we had a very negative astrological day.
I anticipated at least a 20+ handle move but it wasn't the case.
For the market to hold up so well in a negative day is a serious warning sign.
This market does have strength behind it and while many are emailing me stats on how bearish this is I don't share your views.
The past is just that the past and while it is a good indicator of what might occur, this market isn't the same, as last year.
Or the year before, the dynamics of the market are always changing and an astute trader will take heed of this and adapt.
One need to identify what works and what doesn't and use that to make money.
At the end of the day friends this is a zero sums game, all are squared off.
As repeating isn't smart once again I must say please look at whats current not what might.
Looking Forward
Tuesday is as the name says the turn around Tuesday.
We are moving into a period of a number of days where the market has different positive energies which I believe will propel the market higher.
Regardless of what news comes out just a reason to buy should the market slip up.
The Full moons bottom has held also which is another huge positive.1218.25
So until late next week I don't have any serious negative to hold down the market.
Lets look at the pockets of negativity.
18th 10am -2.30pm
24th is the Mercury retrograde period which we will go into more detail.
So for the time being bears you are warned.
Bulls
Until the 25th of this month there is no holding you back so run hard.
Get it out of your system because then the negative clouds are on there way ...
Disclosing that I do have positions in the market ES long 1246.50
Short bonds 141.30
AS ALWAYS USE THE ABOVE AS AN INDICATOR TO YOUR OWN WORK.
CheersAs this is being written 1249.25 bonds 141.27
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