Looking for new range high 5875 but we should be back to retest 5840 (or 5834 again?) first. Currently 5858.
You understand Demarks trading methods?
Tom DeMark is highly rated, but the method is difficult to understand
Actually, the hardest thing I ever had to understand about pivot points is that they aren't points and they don't pivot. 😆
Morning All
BHP +0.57%
RIO -0.40%
Asian markets and AUD all down.
Hong Kong on 19,900 support 3 goes at breaking in last 2 weeks(2 from this week)
Looking for the Hong Kong break and short FTSE into 5,780
FTSE buying may also pull HK back into the range.
BHP report 845am UK time.
Should be some nice movements in the FTSE today.
20 to go in Sydney and Tokyo
Negative lead from Wall Street for Asia.
Been a long time, how will they deal with it
according to sp500/dow we should be down 50pts or more
My SB currently offering 5823
Dow pivots for wed (they worked superbly yesterday)
Buy 13,236
Sell 13,226
I should look at doing these for Hong Kong.
Moves are very smooth in this market.
Bustech the 168ma gave a nice sell signal on AUDUSD at 1.04909
which aus time zone are u in Bustech