P
postman
I think were in a wedge.
Dow close at 17020.
Nothing doing here, I'm off.
Dow close at 17020.
Nothing doing here, I'm off.
psaTrading
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The S & P 500 index is losing strength and has ended the string of five weeks of gains, with the idea that the Fed will raise interest rates sooner than expected.
The rise in retail sales was in line with the predictions of many economists.
The consumer sentiment index rose to 84.6 in September from 82.5 in the previous month.
The central bank, which meets on September 16-17, informed that the reference rates will remain low for a considerable time.
The S&P 500 closed at historical maximum in September 05, after a rally of five consecutive weeks, the longest streak of gains of the year. The index did not show a single sequence of four days of losses in all 2014, and the last time it fell more than 10 percent was three years ago.
Major industries in the S&P 500 fell today. Oil prices dropped on concern that global oil demand is slowing.
The rise in retail sales was in line with the predictions of many economists.
The consumer sentiment index rose to 84.6 in September from 82.5 in the previous month.
The central bank, which meets on September 16-17, informed that the reference rates will remain low for a considerable time.
The S&P 500 closed at historical maximum in September 05, after a rally of five consecutive weeks, the longest streak of gains of the year. The index did not show a single sequence of four days of losses in all 2014, and the last time it fell more than 10 percent was three years ago.
Major industries in the S&P 500 fell today. Oil prices dropped on concern that global oil demand is slowing.
SuddenDeath
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once 1995 sept went sept fell 15 handles to 1979.5
P
postman
Nice.
But did you predict the closing price of the S&P on the week to 3 hundredths of a point!
http://www.trade2win.com/boards/ind...y-competition-2014-prizes-80.html#post2385698
Dentalfloss
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Ashraf at city index saying that we are in for a wild time in stocks/index for the coming week
reason...fomc minutes on wednesday 7pm ukfed is getting more hawkish and might issue guidance on interest rate rise....bad for markets
all gbp crosses...after last weeks wildness..could continue until Scot vote finalised
gbpusd.gbpcad.gbpjpy.gbpaud.gbpnzd
we thrive on the volatility on this thread
reason...fomc minutes on wednesday 7pm ukfed is getting more hawkish and might issue guidance on interest rate rise....bad for markets
all gbp crosses...after last weeks wildness..could continue until Scot vote finalised
gbpusd.gbpcad.gbpjpy.gbpaud.gbpnzd
we thrive on the volatility on this thread
SuddenDeath
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Dentalfloss
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ah....but...what does that mean ??
ok..tell us
we like things simple...no long words
now...if we look carefully and plot the close
daily data
we can see that price strted a down trend after nfp on 5th sept
this was difficult to see on 1 hour and 4 hour because of all the messing around
price broke on friday/aqua
strategy for last week was short rallies which we outlined in the dax chart last weekend
looks like we will get more of the same this week coming
ok..tell us
we like things simple...no long words
now...if we look carefully and plot the close
daily data
we can see that price strted a down trend after nfp on 5th sept
this was difficult to see on 1 hour and 4 hour because of all the messing around
price broke on friday/aqua
strategy for last week was short rallies which we outlined in the dax chart last weekend
looks like we will get more of the same this week coming
Dentalfloss
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Daxy...you little hummer
you played right into our hands
you thought you could fool us....we saw you
note...we said last weekend that it was due for profit taking
note the top
a move down to the breakout point/yellow a bounce...now retesting it
trend support now in the mix aswell/aqua
dax futures 4 hour data
you played right into our hands
you thought you could fool us....we saw you
note...we said last weekend that it was due for profit taking
note the top
a move down to the breakout point/yellow a bounce...now retesting it
trend support now in the mix aswell/aqua
dax futures 4 hour data
Dentalfloss
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lastly a look at ES/spx futures
looking at the daily/close plot to eliminate all the mess
we see the X column hit the top on 5th sept..nfp
we moved into a down column O
price recoiled into an up column X and went straight to the breakdown poit/aqua horizontal
price then reversed into a down column and we got a breakdown point/orange horizontal on friday
price action was predictable once you eliminated all the rubbish
looking at the daily/close plot to eliminate all the mess
we see the X column hit the top on 5th sept..nfp
we moved into a down column O
price recoiled into an up column X and went straight to the breakdown poit/aqua horizontal
price then reversed into a down column and we got a breakdown point/orange horizontal on friday
price action was predictable once you eliminated all the rubbish
P
postman
Mixed day today.
S&P chart says UP. Dow chart says Down,Down, Down.
Still, an early Euroland bounce is on the cards.
S&P chart says UP. Dow chart says Down,Down, Down.
Still, an early Euroland bounce is on the cards.
SuddenDeath
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morning everyone.
sept has fallen a far way below 1995 pivot, its been down to 1977
internals are smashed.
BP below 9mth support 465
sept has fallen a far way below 1995 pivot, its been down to 1977
internals are smashed.
BP below 9mth support 465
Last edited:
P
postman
Mixed day today.
S&P chart says UP. Dow chart says Down,Down, Down.
Still, an early Euroland bounce is on the cards.
Wouldnt put it past Daxy to go up 100 points before falling again.
What's the thinking about this Ali Baba flotation? Will other stocks be sold to raise money to buy shares in this? It involves billions and, if successful, will suck up money from somewhere. The institutions will have made their moves already.
P
postman
The Alibaba IPO is the only reason stocks are up this high. Couldnt have a crash _before_ the float.
Once retail and Joe public are loaded up with stock we're in for a correction.
Just my twisted opinion, its not like I can tell the future.
Chalky_trader
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The Alibaba IPO is the only reason stocks are up this high. Couldnt have a crash _before_ the float.
Once retail and Joe public are loaded up with stock we're in for a correction.
Just my twisted opinion, its not like I can tell the future.
Watch out for the 40 thieves when Alibaba hits the markets!!!
P
postman
Ah, but like the seven Dwarves, can you name them all.Watch out for the 40 thieves when Alibaba hits the markets!!!
I'll start the ball rolling ...
Goldman
Morgan
Lynch
P
postman
IG have the low as 9572.5 only 10 points to go.
P
postman
I'm short Dax at 9652
P
postman
Should have waited for the full 100 point move.
Still I'm sure theres a bit of downside left in her.
P
postman
Its OK to post your opinions everyone, and its free too!
