Hi Guys
Big moves this month.
FSTE, DOW and ASX powering ahead, DAX look's weaker and AUD/USD trading nice high ranges.
Maybe with having a weak GBP at the moment, is helping to bring some overseas money into the UK share market.
BOJ is the big one on Tuesday, market is expecting them to under deliver, so anything above could see the market move higher.
US Floor traders are expecting more money into the market after the debt ceiling is raised. US market trading on 13 times earning and long term average is 15.
And not expecting a major pullback until April/May, maybe the term sell in May and go away comes in.2nd quarter earnings may also see a current top in US earnings.
Finding still okay to short scalp in this bullish market, but any moves of 10/20 points down are bought straight into this type of market condition(greed -scared of missing out). But daily swing and holds seem better to the long side.
Patience is the key, just wait for set up to come, even if takes a couple of days of waiting.
Better go my voice is a bit horse with all this talking.