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US earnings coming to an end soon, so until then, there may not be a strong sell signal present.

Price action in CAC is also weakening, I am aware that it has popped through ATH. I don't look at any one index for an indication of the future direction of other indexes though. It is apparent that we are now in an overall uptrend, so any downside target will be closely monitored for signs of...

Proximity to ATH with a weakening upside, divergence with MACD. Similar situation in DAX. We are also getting towards the possible intermittent top in SPX and NDX. But I find Stoxx 50 setup sweeter as far as risk/reward is concerned. I am not in the trade yet, I believe there is another upward...

hohoho

Be a man and don't worry about ignore function, it takes balls to read stuff you don't like and move on. I have people who found my posts interesting concerning markets, yet decided to block me because of my views on Ukraine Russia conflict. We are grown ass we/men here, grow some balls and...

I don't see price action confirmation of the end of the upside, do you? I know it looks toppish. (fwiw I trade weekly chart with daily serving as trigger). This is SPX, NDX looks way better. Speculators remain short SPX in quite large numbers.

My guesstimate is that we continue to head higher into the report on Wednesday which may mark a top for this leg around 4200 SPX, after which we start to retrace within the uptrend to 4000 perhaps 3900 SPX to provide sufficient interest to then propel SPX to 4300+.

Basically noise :)

Inflation data on Wednesday?

Certainly seems like NDX/NQ are the driving force behind the continuation of the upside, speculators have flipped to being long Nasdaq and remain short SPX. Next obvious resistance is not that far ahead though. With inflation continuing to decline, it is unlikely for the FED to continue to raise...

I am thinking of shorting Stoxx 50 futures.

Wunderbar

Stuck at 50%

Bears usually get castrated, better safety net being a bull.

In play

Spring loaded, bit of a divergence going on on 120 min, let's roll!

Today and tomorrow, hopefully, praying :) still couple days left.

I am on the side of ‘let’s tag 4200’ once again :)