Russell/TF/IWM couldn't even get to yesterday's lows...back of my mind it might do a fast move to 200 day MA one of these days (around 1215.00)
Gotta love ZERO RISK in the SP500 = $$$
- Thread starter makloda
- Start date
exit 87.5
market doesn't seem to really believe that the Fed will go through with it in Dec
big wedge breakout about to happen
Looking at the 5 minute?
market is incredibly resilient...I think Vis is correct yet again. If it didn't drop today on this strong data then I guess it will indeed keep making newer highs here forward to Dec
As we move forward beyond Dec and a first rate hike, market may try to pretend this better and better jobs numbers recovery is real and that higher rates mean Fed believes its a strong, recovery driven economy. Also it looks like China has fully rigged a finish to their bear market in stocks and back into a new bull market?
Only problem with this scenario moving forward is that Japan and Europe need to stop QE and start real recoveries (doubtful). Thus the US Dollar will just get too high, oil too low and kill off earnings of US corp
As long as Europe are doing QE then I am mostly long Euro Stocks here forward to Dec..maybe Japan too over night
As we move forward beyond Dec and a first rate hike, market may try to pretend this better and better jobs numbers recovery is real and that higher rates mean Fed believes its a strong, recovery driven economy. Also it looks like China has fully rigged a finish to their bear market in stocks and back into a new bull market?
Only problem with this scenario moving forward is that Japan and Europe need to stop QE and start real recoveries (doubtful). Thus the US Dollar will just get too high, oil too low and kill off earnings of US corp
As long as Europe are doing QE then I am mostly long Euro Stocks here forward to Dec..maybe Japan too over night
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OK have a good weekend Vis
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SPX is so strong that I feel it might try again and succeed breaking above 2094-2096 (ES) into the close today