This. It has happened before and will happen again. LOL @ thinking gold is some kind of inflation hedge. Imagine being bearish on a market setting daily all times highs...
NQ Most Overbought
- Thread starter Rickshaw Man
- Start date
This. It has happened before and will happen again. LOL @ thinking gold is some kind of inflation hedge. Imagine being bearish on a market setting daily all times highs...
Today's trading doesn't make sense to me. With USD & Bonds higher NQ should outperform the YM but it seems all the commodities are higher despite a rise in the USD.
I noticed though that the commodity currencies mainly AUD & CAD were not down much (~ 11 bps) compared to the Yen & Euro which are both down 40-50 bps.
I noticed though that the commodity currencies mainly AUD & CAD were not down much (~ 11 bps) compared to the Yen & Euro which are both down 40-50 bps.
You should ask the loonies in the Forex section, they could prolly help you.
See what I did there? CAD? LOONIEs? AHAHHAHAHA!
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Most likely + QQQ went from$50 area to $120 area, in less than 52 weeks.[1999]
QQQ + TQQQ had a good red down month in MAY. But PSAR[parabolic] is still a early buy on monthly charts. Could call it extended on weekly charts; TQQQ/qld/qqq are still cheap on monthly charts. SQQQ did have some upticks.
Why do you post complete bs ? The FOMC isn't buying any equities at all. You don't seem to understand markets.
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No it's not even remotely parabolic. Up 14.7% ytd, not even a big year yet. Up 87% in 1999 was a big year. Last 20 years, plenty of moves of 15% or more. Percentages seem to confuse you I guess.
NQ Weekly, parabolic near verticle assent.
