I do not like pure directional trades these days, I'm 2/3 times wrong, :-).
Basicaly, I do not have opinion.
I look at the graph, we have space to go further down to 4620 or so to match horizontal trendline over past few days.
Sure.
I'm lucky I didn't buy tops and sold bottoms.
Market was choppy this week but still up for a week.
Todays event : US jobs.
Sit tight and enjoy ride.
Asia already broke tredlines.
Yes, something is pushing dax down but there is a lag in other indices.
Good news from fin. companies are keeping it above water. I see it flat until US opens.
I guess there is still potential to go up or for some to close longs.
It is not somehow going up, :-)
DAX went down to 5250 and it is struggling compared to other indices.
I've seen this in the past ...
I'll position myself for short rather than long, if it doesn't break 5334 then it can be violent.
I'm wondering what all this manipulators would do with Durable goods -2.5%.
I left put on CAC, I got it for free and strike is 3380.
Forgotten to say run baby run ...