Market Outlook

[GrandSupercycle]

SP500 intra reverts to neutral chop.

Reminder ~ USDX weekly chart will remain bullish and this will be BEARISH for stocks.

 

[Lucrum]

Quote from GrandSupercycle:

SP500 intra reverts to neutral chop.

Reminder ~ USDX weekly chart will remain bullish and this will be BEARISH for stocks.

less than 4 hours ago you said: "xmas rally squad still dominate".

 

[GrandSupercycle]

Lucrum, you'll need to apply yourself better if you want to keep up with these variable and fast moving markets.

More USDX selling once again which supports stocks.

 

[bone]

Quote from GrandSupercycle:

Lucrum, you'll need to apply yourself better if you want to keep up with these variable and fast moving markets.

More USDX selling once again which supports stocks.

Yes, "keeping up with the markets" means stating the obvious in the most vague terms possible and proclaiming yourself a master of the future. "reverting to bullish chop" and of course "reverting to bearish chop" are indeed powerful stuff.

 

[Lucrum]

Quote from GrandSupercycle:

Lucrum, you'll need to apply yourself better if you want to keep up with these variable and fast moving markets.

More USDX selling once again which supports stocks.

Actually I prefer trading without any preconceived notions or bias.
As in wait for price action, enter a position, trail a stop as it moves in my favor until stopped out or price action indicates a likely reversal.


No predictions, no forecasts, no bullish or bearish proclamations. Just trading.

Maybe someday you'll give up this useless nonsense you're engaged in now and "get it".

 

[Lucrum]

Example

Currently ahead about + 23, stop at 1.5508

 

[Lucrum]

Stop raised to 1.5524

Price stopped cold at a short term high made previously this morning.
Given the recent down trend I could easily convince myself to exit, but I'll trail the stop just in case.

"Just in case" as in I have no fucking idea what's going to happen from here.

 

[Lucrum]

Stopped out for + 28


No hindsight, no false bravado, no declaring the obvious and no Bull Shit.

 

[GrandSupercycle]

Bullish USDX weekly chart is increasingly dominant so stock bearish.
Stock bears get their xmas present.

 

[newwurldmn]

Quote from GrandSupercycle:

Bullish USDX weekly chart is increasingly dominant so stock bearish.
Stock bears get their xmas present.

Why are you always 2 steps behind the market? Are these markets too fast for you?