Potentially very bearish, yet Quants/Robots are blowing up many patterns intentionally to trap people in bad positions.
So, I am not adding to bearish positions at this time.
And the Cable and Euro look like they could rally...based on a "Double Swan Feet with bullish neck" pattern, and some obvious intervention.
But it is/was expiry, which often results in fairly big moves on the next Monday Tuesday.
Got stopped out yesterday on 75% of ST at 1077 with a nice profit. Holding the other 25 ST & 100 IT shorts over weekend.
ReplyDeleteGL, have a great weekend.
Thanks, it was a fun week. Somehow was able to conduct business and also make money on this fractured market.
ReplyDeleteDollar looking bullish. Bounced off its 50 day MA a few days ago, but popped through it pretty decisively.
ReplyDeletehttp://quotes.ino.com/chart/index.html?s=NYBOT_DX&t=f&a=50&w=1&v=d6
Metals due for a pullback (started today?), I am bearish on equities.
Looks like it is ready for an impulsive wave 3 up.
ReplyDeleteHey so in your run for office you must be meeting lots of people, have you noticed them getting sketchier and sketchier?