No signal yet. Carefully does it
Indeed which is why it's a risky punt
No signal yet. Carefully does it
ya need to take out 1970 firstI was doing some analysis last night off the back off something i saw on Twitter. The 1 hour chart from move up from NFP last week, pretty much has followed the same pattern as NFP September 2013 on 1hr TF (Spike down, then a few days of pump). Makes for some interesting reading. if it's to continue with the same pattern, it would suggest that SPX may hit 1920 possibly ending of this week or next. Who knows, but a very good observation nonetheless.
a pump or a dump
I'm having a very difficult day with the DAX, I just can't read it
We're sitting at the bottom of yesterday's pump and in all fairness we haven't dumped as much as one would have hoped since yesterday. I was expecting at least 300 points down yesterday into chronic's 9800 region but we're like in no man's land.
Downtrend is there but we're sitting on a pivot. Only the brave need to apply here.
My sentiment is interim long and a good bull rinsing with a big drop. Good luck to all those trading I can't be doing this
Would you like price on OTC cash index(s), or futures?
Edit:
FDAX Z5 close 9937.5
OTC Dax feed close 9938.6
9800 was hopeful for yday. Today - I'd say it's pretty possible - who knows.
10010 area of interest for the afternoon if it pumps there.
Stops tightened from 10010 area
Morning
My wave count suggests a downside target of 9800-9820 area.
Trend res in that 9982 area
Areas of interest:
10068
9912-9880
Let's see if our Wave 3 target gets hit this afternoon.
Let's see if our Wave 3 target gets hit this afternoon.