Hi,
I found this thread and it looks like some of you are getting good results scalping.
and maybe more intraday...
But is anyone doing analysis say for short term moves between 3 to 10 days ?
I can see Dentist 007 posting a lot of charts...
being new to the thread
Can I ask is he doing so in advance for others to share ?
If so Is there any description to explain his analysis ?
I think hes posting for the Dax . FTSE and SPX..
Does he or anyone ever also post analysis for the Dow Jones ?
and if so how do they see it at the moment.
After its severe decline activity in August to its lows of 15371 (cash market) made on Aug 24th.It managed to rally to 16935 on Sept 19th.
its since declined back down to 15900 on early Sept 29th. and now rerallying.
Chart formation , to me may look like it could rally maybe back up for a head and shoulder type formation to 16660 to 16800...to make a Right hand side shoulder since the Sept 17th high at 16935...maybe to between Oct 4th/6th or to Oct 12th if the low made on the 29th Sept holds.
There is a good trendline from the July 16th/20th and Aug 18th highs that met and found resistance on the Sept 17th high since the attempted rally after the crash to the 24th Aug.
Theres also another trendline between the Sept 17th high that met a lower high made on Sept 25th and is making a 3rd hit right now at the 16255 level on the Dow that may react and reverse the market at least short term.
Theres a US Main report at 1.15 hrs UK time.
some other World Wide reports that come out later today UK time that may effect the markets on some short term moves. the ***** indicated expected stronger or more important data times.
7 min USD ** FOMC Member Dudley Speaks
7 min ZAR Trade Balance (Aug) -0.98B -0.40B
13.15 USD ****** ADP Nonfarm Employment Change (Sep) 194K 190K
37 min CAD GDP (MoM) (Jul) 0.2% 0.5%
14:30 BRL Debt-to-GDP ratio (Aug) 34.3% 34.2%
14:30 BRL Budget Balance (Aug) -45.000B -72.772B
14:30 BRL Budget Surplus (Aug) -14.450B -10.019B
14:45 USD ** Chicago PMI (Sep) 53.0 54.4
15:30 USD *** Crude Oil Inventories 0.102M -1.925M
15:30 USD EIA Weekly Distillates Stocks -0.471M -2.088M
15:30 USD Gasoline Inventories -0.040M 1.369M
16:30 BRL Foreign Exchange Flows 0.38B
20:00 USD ***** Fed Chair Yellen Speaks
Otherwise timing wise I think if the Dow breaks back below 15900 we could see further sell off maybe to below the August lows.
Lastly does anyone trade Options here on the US Indexes ?
Thank you
I found this thread and it looks like some of you are getting good results scalping.
and maybe more intraday...
But is anyone doing analysis say for short term moves between 3 to 10 days ?
I can see Dentist 007 posting a lot of charts...
being new to the thread
Can I ask is he doing so in advance for others to share ?
If so Is there any description to explain his analysis ?
I think hes posting for the Dax . FTSE and SPX..
Does he or anyone ever also post analysis for the Dow Jones ?
and if so how do they see it at the moment.
After its severe decline activity in August to its lows of 15371 (cash market) made on Aug 24th.It managed to rally to 16935 on Sept 19th.
its since declined back down to 15900 on early Sept 29th. and now rerallying.
Chart formation , to me may look like it could rally maybe back up for a head and shoulder type formation to 16660 to 16800...to make a Right hand side shoulder since the Sept 17th high at 16935...maybe to between Oct 4th/6th or to Oct 12th if the low made on the 29th Sept holds.
There is a good trendline from the July 16th/20th and Aug 18th highs that met and found resistance on the Sept 17th high since the attempted rally after the crash to the 24th Aug.
Theres also another trendline between the Sept 17th high that met a lower high made on Sept 25th and is making a 3rd hit right now at the 16255 level on the Dow that may react and reverse the market at least short term.
Theres a US Main report at 1.15 hrs UK time.
some other World Wide reports that come out later today UK time that may effect the markets on some short term moves. the ***** indicated expected stronger or more important data times.
7 min USD ** FOMC Member Dudley Speaks
7 min ZAR Trade Balance (Aug) -0.98B -0.40B
13.15 USD ****** ADP Nonfarm Employment Change (Sep) 194K 190K
37 min CAD GDP (MoM) (Jul) 0.2% 0.5%
14:30 BRL Debt-to-GDP ratio (Aug) 34.3% 34.2%
14:30 BRL Budget Balance (Aug) -45.000B -72.772B
14:30 BRL Budget Surplus (Aug) -14.450B -10.019B
14:45 USD ** Chicago PMI (Sep) 53.0 54.4
15:30 USD *** Crude Oil Inventories 0.102M -1.925M
15:30 USD EIA Weekly Distillates Stocks -0.471M -2.088M
15:30 USD Gasoline Inventories -0.040M 1.369M
16:30 BRL Foreign Exchange Flows 0.38B
20:00 USD ***** Fed Chair Yellen Speaks
Otherwise timing wise I think if the Dow breaks back below 15900 we could see further sell off maybe to below the August lows.
Lastly does anyone trade Options here on the US Indexes ?
Thank you
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