Come on lets not get all hyperbolic. -.45% is not plunging in my book.
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The question for me is....did the ASX have the worst of it yesterday, and will it bounce on expectation of the FED acting, or an oil deal getting done?
Dow jones looking like skin and bones...
:cool:
.^sc
the weird thing is that last night I longed the SP500 and shorted bonds. Both bullish in a very bearish market.
got stopped on the stock index but the bond short is doing well and will more than compensate.
I have subscribed to this for a few months - its not bad. https://www.theboombust.com/ hopefully they get it right
they issued a red boom signal on 10y Treasurys. so when I saw the gartley I hit it
Attachment 11103
Dow charging ahead.
The roller coaster ride continues!
Down towards the inevitable lower end point? :D
dow popped off bottom support last night at 23600 part of the giant range we have mentioned before. currently oscillating around in the range. will eventually breakdown i would think leading to another 17 - 20% move down to next support.
Just the fracking shale Oil industry going to the wall will be enough imo along with trump reneging on releasing actual details re payroll tax removal etc. These days were his moment to shine , so far its been dismal and he is coming across as weak and ineffectual.