Morning to you all
If you wanted more evidence of whats going on take another look at the markets and just put charts to the side for a minute.
Mentioned it on the weekend...Dollar devaluation..QE3
The stick issue will be oil, high oil prices dont win elections.
Regardless of who you follow politically, the astrology has indicated Obama win.
All of a sudden wouldnt you know it now Obama is in the lead in the polls, yes they will move around.
End of the day his got it..
Its disappointting that a Ron Paul ticket would have had Obama out the door and for that matter and the party, but fan fair is more important than substance.
On the trading front we are holding the gold/bean long /short and took profits this morning on the bonds.
Index has I stated on the weekend buy the dips and did so at 1422 and closed out at 1432.
Again today will be looking to establish long/short index/bonds.
To the technical traders you will need another week of proper trading before your indicators are right. Presently this market is playing on Fundementals not technicals as some believe.
Net return from yesterday .88%
Currently booked profits of 1.03%
Financial Astrology students
Todays V/C is at 6pm Square.
With Saturn playing its usual drag anticipate some negative move to come after 10am today.
As we slowly run through the day it might again some strength but nothing to panic about.
Targets
ES target looking to be a buyer under 1422
ZB looking to be a sell over 14920
Long gold 1733
Short beans 1733
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.
If you wanted more evidence of whats going on take another look at the markets and just put charts to the side for a minute.
Mentioned it on the weekend...Dollar devaluation..QE3
The stick issue will be oil, high oil prices dont win elections.
Regardless of who you follow politically, the astrology has indicated Obama win.
All of a sudden wouldnt you know it now Obama is in the lead in the polls, yes they will move around.
End of the day his got it..
Its disappointting that a Ron Paul ticket would have had Obama out the door and for that matter and the party, but fan fair is more important than substance.
On the trading front we are holding the gold/bean long /short and took profits this morning on the bonds.
Index has I stated on the weekend buy the dips and did so at 1422 and closed out at 1432.
Again today will be looking to establish long/short index/bonds.
To the technical traders you will need another week of proper trading before your indicators are right. Presently this market is playing on Fundementals not technicals as some believe.
Net return from yesterday .88%
Currently booked profits of 1.03%
Financial Astrology students
Todays V/C is at 6pm Square.
With Saturn playing its usual drag anticipate some negative move to come after 10am today.
As we slowly run through the day it might again some strength but nothing to panic about.
Targets
ES target looking to be a buyer under 1422
ZB looking to be a sell over 14920
Long gold 1733
Short beans 1733
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.
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