Morning all
You don't need to be a rocket scientist to work out whats going on..
Regardless of what technicals are saying,the dip is being bought aggressively.
To the bear traders out there be smart and wait if you cant buy..
The market is gain serious strength.
Money is running out of the bond market and its lining up for equities.
While yes there is a strong case that there is no volume behind this move does there need to be?
IF VERY ONE IS HOLDING REFUSING TO SELL THEN MONEY HAS TO CHASE PRICE.
While many believe there is money on the side waiting to come in, others are questioning whether that money has been put to work already.
Regardless of the one thing experience has taught me , when good news is good and bad news is good then market is going higher.
Don't fight it like an arrogant trader, ride it like a professional trader.
For the Astrological students..
When there is negative aspect and the market trades sideways to higher, one must assess the slower longer term aspects not just the short term aspects.
70% of the time you don't need to but there is times like right now where this needs to be done.
Market have been trading as expected .
I've been bold and have been buying ES 1480 calls options December last couple of days.
Looking forward I see a rally.
The present creeper rally is just like busking daily.
You keep doing it and everyday you gain more.
For the week ahead take a look at both gold and the grains.
Gold might be ready to run to 1700 and grains could also move limit up over the next fortnight.
Anyway use caution ..
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.
You don't need to be a rocket scientist to work out whats going on..
Regardless of what technicals are saying,the dip is being bought aggressively.
To the bear traders out there be smart and wait if you cant buy..
The market is gain serious strength.
Money is running out of the bond market and its lining up for equities.
While yes there is a strong case that there is no volume behind this move does there need to be?
IF VERY ONE IS HOLDING REFUSING TO SELL THEN MONEY HAS TO CHASE PRICE.
While many believe there is money on the side waiting to come in, others are questioning whether that money has been put to work already.
Regardless of the one thing experience has taught me , when good news is good and bad news is good then market is going higher.
Don't fight it like an arrogant trader, ride it like a professional trader.
For the Astrological students..
When there is negative aspect and the market trades sideways to higher, one must assess the slower longer term aspects not just the short term aspects.
70% of the time you don't need to but there is times like right now where this needs to be done.
Market have been trading as expected .
I've been bold and have been buying ES 1480 calls options December last couple of days.
Looking forward I see a rally.
The present creeper rally is just like busking daily.
You keep doing it and everyday you gain more.
For the week ahead take a look at both gold and the grains.
Gold might be ready to run to 1700 and grains could also move limit up over the next fortnight.
Anyway use caution ..
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.