ES Journal - 2013

Quote from Trvlwanderer:

The correlation has been stronger over the past few months with additional correlation accuracy the past few weeks.....not sure what to make of it...but watching levels as additional confirmation or cross-signals.
More...


probably seen as a proxy for economic activity...so long as the price doesn't get too high
 
With the increased sabre rattling in so many hotspot areas as well as EU induced government spending addictions (and their ramifications), emergency stops are critical....

The overnight "gap from hell" however, will squeeze blood and more from all turnips.

:eek:

And still the balloon drifts higher persuading those who sat on their hands to finally join the party......
 
fund managers are biting nails up here whether to take 1st qrtr profits or let it ride,we should have filled that spx 36-30 gap on the strong drop a few days ago,possible that there are a bunch of sell stops sitting in there that ben and the baywatch lifeguards didnt want triggered,they are tired of spending with little economic improvement,cheaper to just buy above and avoid having to buy into all those stops,europe buying with worsening economics,not looking good for rows and rows of banks all lined up like dominoes across the globe
 
You must log in or register to reply here.
Back
Top