Hello to you all
Hope you all enjoyed a wonderful break.
I was fortunate enough to go to England and see the Olympics ..
As my country men and women tried to win for there country it was a wonderful experience and I recommend you all doing it at some point in your lives.
Truly eye opening when you train so hard for 4 years and then that disappointment, of not medalling, sad but eye opening never the less.
So where is the market???? in a bull crawl.
Whats a bull crawl?? Its when no one is around shorts get squeezed out by chip and charge players, and at the end of the day the Arbitrators where the losses of there Arbs short term.
Its in small stages so it doesn't hurt as much as long as the stocks are crawling up and time decay is washing out of the options everyone is happy except the retail SPECULATIVE traders who require volatility to make money.
Guys thanks for the emails will get to them slowly but for now lets just looks at whats ahead.
Most professionals come back mid to end of next week 22-23th of August.
With the market at these levels you will find many funds are behind the bench market as they have been in cash for most of the 5-6% rally ...
Not much but when you want to keep money you need to perform or you'll loose it.
Either this market drops back to the August open of 1379 on the cash which is around the 1370 by end of the month or is makes a run to 1420 September contract which would be around 1426 cash.
Warning sign is that the bonds money is being cashed in.
In other words will be allocated out of bonds into equities.
Whether this is for the election rally or Xmas personally I don't care nor should you as long as you make money.
The 14th this week is a cycle day which is interesting.
Because the moon is in Libra... Balancing act.
The VC on Wednesday as a nice negative tone heading into the Venus/Pluto opp.
Thursday morning early hours this should continue before it wanes and starts to turn positive on Thursday for the open.
Fridays New Moon is a positive so don't take a topping view.( we will see higher highs before the next moon cycle).
We could see lows in grains and a turn to the upside in grains.
As always use the above as an indicator to your own work.
Futures trading can produce huge losses and profits.
Ask your financial advisor on more on the above.
Hope you all enjoyed a wonderful break.
I was fortunate enough to go to England and see the Olympics ..
As my country men and women tried to win for there country it was a wonderful experience and I recommend you all doing it at some point in your lives.
Truly eye opening when you train so hard for 4 years and then that disappointment, of not medalling, sad but eye opening never the less.
So where is the market???? in a bull crawl.
Whats a bull crawl?? Its when no one is around shorts get squeezed out by chip and charge players, and at the end of the day the Arbitrators where the losses of there Arbs short term.
Its in small stages so it doesn't hurt as much as long as the stocks are crawling up and time decay is washing out of the options everyone is happy except the retail SPECULATIVE traders who require volatility to make money.
Guys thanks for the emails will get to them slowly but for now lets just looks at whats ahead.
Most professionals come back mid to end of next week 22-23th of August.
With the market at these levels you will find many funds are behind the bench market as they have been in cash for most of the 5-6% rally ...
Not much but when you want to keep money you need to perform or you'll loose it.
Either this market drops back to the August open of 1379 on the cash which is around the 1370 by end of the month or is makes a run to 1420 September contract which would be around 1426 cash.
Warning sign is that the bonds money is being cashed in.
In other words will be allocated out of bonds into equities.
Whether this is for the election rally or Xmas personally I don't care nor should you as long as you make money.
The 14th this week is a cycle day which is interesting.
Because the moon is in Libra... Balancing act.
The VC on Wednesday as a nice negative tone heading into the Venus/Pluto opp.
Thursday morning early hours this should continue before it wanes and starts to turn positive on Thursday for the open.
Fridays New Moon is a positive so don't take a topping view.( we will see higher highs before the next moon cycle).
We could see lows in grains and a turn to the upside in grains.
As always use the above as an indicator to your own work.
Futures trading can produce huge losses and profits.
Ask your financial advisor on more on the above.
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.