Dow 2006

[Bez]

:cheesy: thought you would be... :cheesy:

Its worth a 7 tick punt with an SARwith that amount of TA pressure..

 

[andycan]

:cheesy: thought you would be... :cheesy:

keeping it tight
the daily implies it wants to bust up
and the sideways action is annoying to say the least

 

[mark twain uk]

frustrating day, very narrow range with a lot of false moves, it looks like it's topping, it would be nice to see a sell off into the close

however, there is incredibly strong support at 1414 spx futures, it bounced off it seven times in te last four hours, it may just make a rush for a higher high

 

[mark twain uk]

it looks like the big guns are preparing for the Friday option expiry, it's the last one of the year, there should be some fireworks

 

[mark twain uk]

unbeliveable strong support at dow 12308 and spx 1412 cash, but it's got to hold for another 45 minutes, will it, won't it...

 

[Bez]

The ES has hit that 1417.75 to tick right on an intraday turn window....hmm so downward pressure into the last hour would be nice...

Turn came spot on at 3.30 nice...even though it was only 5 points, the intraday direction still played out...

 

[Silvertip]

Change in Non-farms out tommorow 13.30 GMT, followed by two whole days off until Monday.

 

[Adamned]

How do you expect the markets will act upon a closing basis from the catalyst of the payroll numbers
A. opposite world: Good news is bearish, bad news is bullish
B. All news is bearish
C. Good new is bullish, Bad news bearish
D. Little changed

 

[hobby]

How do you expect the markets will act upon a closing basis from the catalyst of the payroll numbers
A. opposite world: Good news is bearish, bad news is bullish
B. All news is bearish
C. Good new is bullish, Bad news bearish
D. Little changed

I'll go for....

E. Good new is bullish, Bad news bullish.

 

[Atilla]

US Figures at 13:30

US Unemployment
Actual = 4.5%
Survey 4.5%
Prior 4.4%

 

[Atilla]

US Figures at 13:30

US Unemployment
Actual = 4.5%
Survey 4.5%
Prior 4.4%

Average Hourly Earnings +$0.03
Manufacturing Payrol = -15K
Service Producing = +172K

Oct Payrol revised down from 92K to 79K

 

[Adamned]

Maybe in for a nice rally with inline numbers however estoxx50 didn't pop topside so much on the news maybe a warning

 

[dpfuller]

Hard to call, mixed news overall, better than expected NFP numbers but crude price is rising and lowered outlooks from National Semi Conductors and Xilinx, also downgrade of 3M.

 

[Adamned]

USD getting smoked vs the EUR hope it can break through 1.34

 

[Adamned]

DIA and Q's gapping at the open probably will fill.

 

[hobby]

You've got to admire it's resiliency....

Job figs strong = bullish
Dollar tanking = bearish
Oil climbing = bearish
Michigan Sentiment worse than expected = bearish.


Dow turns from -35 to +30!

 

[Adamned]

i wouldn't say resilency more like end of year window dressing. I think this market will hold up until new years then watch out. any way in the intra day horizon nice short may be setting up waiting for confirmatin

 

[Adamned]

may be a nice 2x top setting up in the nqs

 

[Adamned]

that possible 2x top is invalidated in my eyes gotta start the pattern over again

 

[karmit]

Any idea whats going on? DOW seems to be stuck for the past few days....