Hello all
Well we see how the political process in progressing .
I hate to say it but all bull beats are now off the table.
The chance for a powerful run up is now limited which is disappointing.
I can confirm right now that I am 70% sure the republicans have just lost the next election.
The other 30% will determine the on the candidates chart.
Today for those who want to know I did sell my APPL stock.($530)
I'm not a lover of the stock, I trade it.
In commodities we see gold struggling to hold afloat.
The question is if the Cliff hits where will gold be?
I think that's the only reason gold is where it is.
Oil had a nice Pop and I reckon a close above 90 might scare some shorts.
In the currencies as all MA are aware we got stopped out on the euro only to reestablish shorts again from higher levels.
Note also how the spread on the A$/C$ is near 300 now.
I still believe next week the C$ might get hit, interesting to see
In the market as stated previously market wasn't going to run before expiry..
For those who play the options the play was for a 1440 run and now it looks like a 1420 close or lower to wash the spec money out.
In any case MA have seen what we did.
Easy with a little astrology behind you.
So where to now?
Well I have some powerful negatives which have already kicked in and will continue tomorrow.
How bad will depend on how liquid the market is.
It will be interesting to see if there is more tax sell hitting the market with this development we had today (politically ).
As always use this blog as an indicator to your own work.
Futures trading can produce huge losses and profits.
Ask your financial advisor more on the above .
Past performances are no guarantee for future performances.
Well we see how the political process in progressing .
I hate to say it but all bull beats are now off the table.
The chance for a powerful run up is now limited which is disappointing.
I can confirm right now that I am 70% sure the republicans have just lost the next election.
The other 30% will determine the on the candidates chart.
Today for those who want to know I did sell my APPL stock.($530)
I'm not a lover of the stock, I trade it.
In commodities we see gold struggling to hold afloat.
The question is if the Cliff hits where will gold be?
I think that's the only reason gold is where it is.
Oil had a nice Pop and I reckon a close above 90 might scare some shorts.
In the currencies as all MA are aware we got stopped out on the euro only to reestablish shorts again from higher levels.
Note also how the spread on the A$/C$ is near 300 now.
I still believe next week the C$ might get hit, interesting to see
In the market as stated previously market wasn't going to run before expiry..
For those who play the options the play was for a 1440 run and now it looks like a 1420 close or lower to wash the spec money out.
In any case MA have seen what we did.
Easy with a little astrology behind you.
So where to now?
Well I have some powerful negatives which have already kicked in and will continue tomorrow.
How bad will depend on how liquid the market is.
It will be interesting to see if there is more tax sell hitting the market with this development we had today (politically ).
As always use this blog as an indicator to your own work.
Futures trading can produce huge losses and profits.
Ask your financial advisor more on the above .
Past performances are no guarantee for future performances.
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