Morning
I had a look at the market and it seems that there was a real deal to buy the market....NOT
While yes there are some small positive aspects, which have now waned, there are some major obstacles ahead.
Does the market break the 1200 level? Maybe but the question is can it hold it and close above it.
Finch had there 5 minutes also putting the US on negative watch.
Now if it weren’t for the retrograde period we are in the market would have fallen hard.
But as I said a week ago what else is there for the shorts to get excited.
We need a bounce of some sort to give everyone that impression that the market is gearing up for the Xmas rally.
At the present time I don’t have much on the market today or tomorrow, but Thursday we need to prepare for a nice drop on the market and commodities.
So for the time being observer and if you see an opportunity then act accordingly.
Please also note that any news, which is coming out, won’t come to fruition.
News from Europe, news on the US economy if it’s bad then after the retrograde it will be good, (Visa versa)
My work shows that the Solar Eclipse will affect more the commodities than the Stock market.
Metals more than grains.
AS ALWAYS USE THE ABOVE AS AN INDICATOR TO YOUR OWN WORK.
Cheers
As this is being written 1192.25,gold 1714.20
I had a look at the market and it seems that there was a real deal to buy the market....NOT
While yes there are some small positive aspects, which have now waned, there are some major obstacles ahead.
Does the market break the 1200 level? Maybe but the question is can it hold it and close above it.
Finch had there 5 minutes also putting the US on negative watch.
Now if it weren’t for the retrograde period we are in the market would have fallen hard.
But as I said a week ago what else is there for the shorts to get excited.
We need a bounce of some sort to give everyone that impression that the market is gearing up for the Xmas rally.
At the present time I don’t have much on the market today or tomorrow, but Thursday we need to prepare for a nice drop on the market and commodities.
So for the time being observer and if you see an opportunity then act accordingly.
Please also note that any news, which is coming out, won’t come to fruition.
News from Europe, news on the US economy if it’s bad then after the retrograde it will be good, (Visa versa)
My work shows that the Solar Eclipse will affect more the commodities than the Stock market.
Metals more than grains.
AS ALWAYS USE THE ABOVE AS AN INDICATOR TO YOUR OWN WORK.
Cheers
As this is being written 1192.25,gold 1714.20
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