Hello all
The market is really playing trick on everyone at the present time.
Whether it is trying to convince retail money to jump on board or not I don't know but one thing is for sure!
When the astrology is showing negative signs and the market is holding or even trading up that's a worrying sign.
A worrying sign because what the astrology might do is just hold the market where it is instead of pushing it lower.
So Sunday and Monday will be interesting as the astrology gathers a more seriously negative.
Should it not push the market lower then we could see a very choppy market.
For the Bears need to closed the S&P futures under 1475 to gather traction.
For the Bulls a close above 1505 and the bears will call it quiets.
My personal view, it looks as tho the market wants to waste the bears and as they give up you then Jam it on them and run it down.
When you start see Public Bears start to turn bullish that's the Que...( Roubini)
In the metals I'm worried because there is no stand up against the bears..
I don't think they will kill gold before expiry in a couple of days but after that doors might open up.
In Oil we see this continued Algorithms where it follows the S&P.
Well lets see what happens Sunday and Monday.
To the MA I'm some what disappointed with the NASDAQ play while the astrology did show very powerful move up, whether is was facted in or not I guess is the issue.
Was it a buy the rumour sell the fact maybe but in the end we played what we saw and we lost 24 handles on the NQ.
I'm doing the astrology for next month this weekend and on all the currencies too.
As I do believe we are in the early stages of a serious currency war.
The BOJ prepared to let the YEN free fall is remarkable, as the economy is exposed some 200% to the JGB's.
The quicker the Yen falls, yields rise on the JGB rise therefore exposing the BOJ.
So we live in interesting times.
To the Queensland readers my thoughts are with you as I can see from reports on the news of serious flooding.
As always please use the above as an indicator to your own work.
Futures trading can produce huge profits and losses
Past performances are no guarantee for future performances.
Ask your financial advisor on more on the above.
The market is really playing trick on everyone at the present time.
Whether it is trying to convince retail money to jump on board or not I don't know but one thing is for sure!
When the astrology is showing negative signs and the market is holding or even trading up that's a worrying sign.
A worrying sign because what the astrology might do is just hold the market where it is instead of pushing it lower.
So Sunday and Monday will be interesting as the astrology gathers a more seriously negative.
Should it not push the market lower then we could see a very choppy market.
For the Bears need to closed the S&P futures under 1475 to gather traction.
For the Bulls a close above 1505 and the bears will call it quiets.
My personal view, it looks as tho the market wants to waste the bears and as they give up you then Jam it on them and run it down.
When you start see Public Bears start to turn bullish that's the Que...( Roubini)
In the metals I'm worried because there is no stand up against the bears..
I don't think they will kill gold before expiry in a couple of days but after that doors might open up.
In Oil we see this continued Algorithms where it follows the S&P.
Well lets see what happens Sunday and Monday.
To the MA I'm some what disappointed with the NASDAQ play while the astrology did show very powerful move up, whether is was facted in or not I guess is the issue.
Was it a buy the rumour sell the fact maybe but in the end we played what we saw and we lost 24 handles on the NQ.
I'm doing the astrology for next month this weekend and on all the currencies too.
As I do believe we are in the early stages of a serious currency war.
The BOJ prepared to let the YEN free fall is remarkable, as the economy is exposed some 200% to the JGB's.
The quicker the Yen falls, yields rise on the JGB rise therefore exposing the BOJ.
So we live in interesting times.
To the Queensland readers my thoughts are with you as I can see from reports on the news of serious flooding.
As always please use the above as an indicator to your own work.
Futures trading can produce huge profits and losses
Past performances are no guarantee for future performances.
Ask your financial advisor on more on the above.
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