Afternoon
Seems to be that the market is holding up quiet well at the present time..
While we did see a fall not as much as I had expected which is a little worrisome.
As expected the trouble did come from Europe but the divergence between the US and Europe is evident.
The negative energy is starting to wane and one need to begin placing stops now to protect themselves from a potential attack from the bulls.
Tomorrow is pretty much a non bias day and one might want to look at there work for the next set up to the up side.
To my bear brothers heed the warning, the move is over, the bulls have been able to hold it together and so now I think the next 4 working days we could have a go at 1300.
The bulls need to show a heart beat I believe and the fact they haven't been able to get over the 1300 is like a red flag to them.
Also note the bonds at the present time, I stated last week that we could see a nice drop in them to protect the option writers..
Just fit nicely I think.
Planetary movement = positive
Bond option game = need a down move
Market = holding up well in a down day
Its important that you do your own analysis and look at the above as another indicator to your own work .
As you can see the last move we where some what early in the call but it did come through.
AS ALWAYS USE THE ABOVE AS AN INDICATOR TO YOUR OWN WORK.
Cheers
As this is being written 1249.75 bonds 141.30
Seems to be that the market is holding up quiet well at the present time..
While we did see a fall not as much as I had expected which is a little worrisome.
As expected the trouble did come from Europe but the divergence between the US and Europe is evident.
The negative energy is starting to wane and one need to begin placing stops now to protect themselves from a potential attack from the bulls.
Tomorrow is pretty much a non bias day and one might want to look at there work for the next set up to the up side.
To my bear brothers heed the warning, the move is over, the bulls have been able to hold it together and so now I think the next 4 working days we could have a go at 1300.
The bulls need to show a heart beat I believe and the fact they haven't been able to get over the 1300 is like a red flag to them.
Also note the bonds at the present time, I stated last week that we could see a nice drop in them to protect the option writers..
Just fit nicely I think.
Planetary movement = positive
Bond option game = need a down move
Market = holding up well in a down day
Its important that you do your own analysis and look at the above as another indicator to your own work .
As you can see the last move we where some what early in the call but it did come through.
AS ALWAYS USE THE ABOVE AS AN INDICATOR TO YOUR OWN WORK.
Cheers
As this is being written 1249.75 bonds 141.30
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