S&P 500 & other indexes - intraday. Plus chat

This, still, looks down, to me. Last time, I saw a right shoulder on the 3 min. Now I can see a potential right shoulder on the 30M.
 
Wed
Sep 19 12:15am USD FOMC Member Lacker Speaks
1:30am AUD MI Leading Index m/m 0.4% 0.5%
1:50am AUD RBA Assist Gov Kent Speaks
2:53am CNY Foreign Direct Investment ytd/y -3.4% -3.6%
4:44am JPY Monetary Policy Statement
4:44am JPY Overnight Call Rate <0.10% <0.10% <0.10%
8:30am JPY BOJ Press Conference
9:30am GBP MPC Meeting Minutes 0-0-9 0-0-9 0-0-9
10:00am CHF ZEW Economic Expectations -34.9 -33.3
1:30pm USD Building Permits 0.79M 0.81M
1:30pm USD Housing Starts 0.77M 0.75M
3:00pm USD Existing Home Sales 4.57M 4.47M
3:30pm USD Crude Oil Inventories -0.2M 2.0M
11:45pm NZD GDP q/q 0.3% 1.1%

Hey ho hey ho off to work we go
 
1348002385_2575_Ronaldo.jpg
 
If it had been Barça against MC, the final score would have been higher.

It was a great game. though, although I don't back either
 
Me too, for my sins I support spurs!

Was loving Mancini getting all hot and bothered about Joe Hart post-match as well hahaha!!!

Anyway, i'm off to bed, hope the markets treat you all well today.
 
Be interesting to see, if the move in Asia overnight is the beginning of a correction. Was thinking about the dow & s&p post QE2, if memory serves me correctly, in the month following it fell 4-5 % after the initial move up before bouncing, ending the month pretty much unchanged and then continuing the longer term rally.
 
Be interesting to see, if the move in Asia overnight is the beginning of a correction. Was thinking about the dow & s&p post QE2, if memory serves me correctly, in the month following it fell 4-5 % after the initial move up before bouncing, ending the month pretty much unchanged and then continuing the longer term rally.

I was just looking at this with ES volume traded by European open a lot higher than normal - it was 52k contracts by 7am. I'm sensing a down day today - this kind of early volume is pre-cursor to a trend day IME especially as Asia and now European open are trading well out side of yesterday's RTH range.
 
Not sure how the markets gonna take these spanish bond results. Auction yields definitely lower but that was always gonna be the case...... reckon the result isn't enough to change negative sentiment today......
 
I've drawn in a support zone between 2848 and 2843 (USTech) and opened a long trade at 2850. I have doubts about the 3 point spread but have traded OOH, before, with mixed results.
 
Thu Sep 20

12:50am JPY Trade Balance -0.47T -0.37T -0.37T
3:30am CNY HSBC Flash Manufacturing PMI 47.8 47.6
5:30am JPY All Industries Activity m/m -0.6% -0.5% 0.3%
6:00am JPY BOJ Monthly Report
6:31am AUD RBA Annual Report
7:00am CHF Trade Balance 1.73B 2.45B 2.88B
7:00am EUR German PPI m/m 0.5% 0.4% 0.0%
7:35am JPY BOJ Gov Shirakawa Speaks
8:00am EUR French Flash Manufacturing PMI 42.6 46.5 46.0
8:00am EUR French Flash Services PMI 46.1 49.5 49.2
8:30am EUR German Flash Manufacturing PMI 47.3 45.4 44.7
8:30am EUR German Flash Services PMI 50.6 48.5 48.3
9:00am EUR Flash Manufacturing PMI 46.0 45.6 45.1
9:00am EUR Flash Services PMI 46.0 47.6 47.2
9:30am GBP Retail Sales m/m -0.2% -0.3% 0.3%
9:41am EUR Spanish 10-y Bond Auction 5.67|2.8 6.65|2.4
11:00am GBP CBI Industrial Order Expectations -14 -21
1:30pm USD Unemployment Claims 374K 382K
2:00pm USD Flash Manufacturing PMI 51.6 51.5
2:30pm USD FOMC Member Lockhart Speaks
3:00pm EUR Consumer Confidence -24 -25
3:00pm USD Philly Fed Manufacturing Index -4.1 -7.1
3:00pm USD CB Leading Index m/m -0.1% 0.4%
3:30pm USD Natural Gas Storage 66B 27B
7:00pm GBP BOE Gov King Speaks
10:00pm USD FOMC Member Pianalto Speaks
11:45pm NZD Visitor Arrivals m/m -3.4%

Nearly went fishing
 
Mine was not a good idea. I closed with +1.5 which was not bad considering the spread. With Europe not looking bright, this morning, I'll wait for the open.
 
Defo be careful buying it up here. The US figures this afternoon could provide some support but if they disappoint, we could sell a decent sell-off today followed by a few days of grinding lower. I mean the Chinese PMI wasn't great, the European PMI's were terrible, if 2 out of US PMI, Ph Fed or Ini Jbless are bad or 1 is very bad, I'd be surprised if we weren't finishing down 1%.....probably more...
 
Stopped out my long by 0.1 pt ! at 2.30 !! and then would have been in profit by 2.33 pm

:cry:

knew I should have gone fishing.
 
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