4 hour
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Gotta love ZERO RISK in the SP500 = $$$
- Thread starter makloda
- Start date
4 hour
well, stocks look cheap to me...i'm buying european dax index futures now at 10965
Yes right there..the one thing I can see is that Euro stocks will move higher in relation to US and Fed's possible moves...also possibly Japan stoxs will move higher in relation to US stoxs..even china stoxs might move higher in relation to US Fed constrained stoxs
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- Thinking about it....CL could hit 4400 today
CL kind of front ran the jobs report..so they might bring it back up a bit today (maybe retest 45?) before taking it down to 44 and below 44 into next week
4 hour
funny u say that, i was looking at 4 hr charts yesterday. I agree with you that the 4 hour trend has been broken and is in downtrend mode, but that does not translate into the SEPT uptrend being broken since that is of course a weekly or monthly uptrend.
funny u say that, i was looking at 4 hr charts yesterday. I agree with you that the 4 hour trend has been broken and is in downtrend mode, but that does not translate into the SEPT uptrend being broken since that is of course a weekly or monthly uptrend.
I never heard of traders using a 4hr chart until I came back to trading this year...now I see a few bloggers using them as well...The other sort of unique timeframe chart that I used to see was 135min in index futures (divided the day into 1/3rd's).
yea, definitely buying power on the ES
4 hour SPX chart is one hellava strong move upward since 9/29
4 hour SPX chart is one hellava strong move upward since 9/29
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CL kind of front ran the jobs report..so they might bring it back up a bit today (maybe retest 45?) before taking it down to 44 and below 44 into next week
My thought last night was that it would be a sort of a market bookend for the mega rally to have started on Oct jobs report and to end (or at least pause) on the Nov report...but so far these pullbacks look corrective (more rolling chop)...