Sure it's going to go up. And down. And back up. And back down. :D
I thought the market was going down as well. That's why I announced my swing entry at what I felt was a few pts from the top at 1108.50. I even gave my stop / target to everyone. I took 3 pts of heat of a max of 5 to get a...
Dubai spooked the market. Funny how this news broke AH before a Wall St. holiday. Friday could be interesting w/ equities trying to get into line w/ this drop.
I agree. DJT doesn't lie. A great barometer, as well as RUT, of the "real" economy sans GS's shananigans. I also watch the eur/usd, but the $ is so manipulated and used as a tool by both bulls and bears, I don't watch it on the short term.
Interday swings (like this one) are 2-4 weeks typically, but price action is the ultimate decider. Intraday swings are 30 min to a cpl hrs. Scalps have targets at +1 +2 and a runner based on pa.