Afternoon to you all
Has the market somewhat confused you all as to its direction now.
Market traded lower from 8am which was great, and yes another tick for Astrology.
Went down to Thursday's closed then is bouncing up now so, a little for both side you might say but no real direction.
I guess on a technical perspective it will seem bullish due to not making lower lows from yesterday but hey I'm not a tech guy so don't know.
I am still waiting for 1266 today I think we might see it or at least 1260 .
I think that's the moment of truth for both sides we break it runs it doesn't we fall and the interesting thing is now, every man and his dog has there stops sat the 1205-1208 area so that's the target for next week for the bears, just a question of time.
Those of you who aren't playing the index for Monday might want to look at the US dollar as a buy.
The yen I don't know, the BOJ can pop there heads up, and for some reason they love Mondays.
Bonds with some 20 odd days until they expire they seem very risky at these levels.
Remember risk reward important.
For the Students of Financial Astrology we have the full moon kicking in on the 10th which should show some sort of bottom give or take 24 hours and because its in Taurus money will be the focus so a bottom to hold will be on the cards..
Please remember that Astrology is the emotional component to trading.
It not the one and only thing in trading it give the emotional state of the market.
Whether its positive of negative.
As always use the above as an indicator to you own work.
cheers
As being posted ES 1250
Has the market somewhat confused you all as to its direction now.
Market traded lower from 8am which was great, and yes another tick for Astrology.
Went down to Thursday's closed then is bouncing up now so, a little for both side you might say but no real direction.
I guess on a technical perspective it will seem bullish due to not making lower lows from yesterday but hey I'm not a tech guy so don't know.
I am still waiting for 1266 today I think we might see it or at least 1260 .
I think that's the moment of truth for both sides we break it runs it doesn't we fall and the interesting thing is now, every man and his dog has there stops sat the 1205-1208 area so that's the target for next week for the bears, just a question of time.
Those of you who aren't playing the index for Monday might want to look at the US dollar as a buy.
The yen I don't know, the BOJ can pop there heads up, and for some reason they love Mondays.
Bonds with some 20 odd days until they expire they seem very risky at these levels.
Remember risk reward important.
For the Students of Financial Astrology we have the full moon kicking in on the 10th which should show some sort of bottom give or take 24 hours and because its in Taurus money will be the focus so a bottom to hold will be on the cards..
Please remember that Astrology is the emotional component to trading.
It not the one and only thing in trading it give the emotional state of the market.
Whether its positive of negative.
As always use the above as an indicator to you own work.
cheers
As being posted ES 1250