Weekly Poll: Pullback This Week? PART 4

[S2007S]

Does this have to do with the current currency war going on????



*NIKKEI
9486.07 81.84 +0.87%
*HSI
22675.15 316.98 +1.42%
*CHINA
2655.6577 44.9797 +1.72%

 

[MKTrader]

Quote from S2007S:

Futures turned around and ready for another rally tomorrow, asia is green green green. Tomorrow is also known to some as mutual fund monday. Get ready for another run and of course higher commodity prices.

Which futures are you looking at? The U.S. stock futures have been mildly negative to flat. EURUSD down as well.

 

[Petsamo]

Quote from S2007S:

Futures turned around and ready for another rally tomorrow, asia is green green green. Tomorrow is also known to some as mutual fund monday. Get ready for another run and of course higher commodity prices.

A good futures link is http://noir.bloomberg.com/markets/stocks/futures.html
The futures were red all night.

 

[shortie]

Quote from Petsamo:

A good futures link is http://noir.bloomberg.com/markets/stocks/futures.html
The futures were red all night.

i too saw them green on Sun afternoon at cmegroup.com

 

[Petsamo]

Quote from shortie:

i too saw them green on Sun afternoon at cmegroup.com

Looking at futures Sunday afternoon means they have all night to turn.

It was very red Sunday 7:30 pm.

 

[LEAPup]

Chop, chop, chop, chop...

 

[Petsamo]

Quote from LEAPup:

Chop, chop, chop, chop...

Bear flags do that.

 

[Petsamo]

We're at resistance.

 

[S2007S]

Once we break and close above 1150 do year end price targets get raised once again?

It seems the permabulls, after a price target is met they continue to raise the targets as if the market rally can continue without any obstacles in its way.

They never issue any kind of sell or even profit taking ideas, just full steam ahead as if there is no such things as corrections and even collapses.

 

[shortie]

SPY reached a new high in this rally

BUT

QQQQ did NOT!

this could be really the sign that the rally is over.

Shortie Prornosticatoff Out