Indices

[phillo]

2 hours ago, elle said:

almost there for the GAP fill

FILLED  - Amazing

[dmedin]

The S&P 500 - representative of the American economy

The five biggest S&P 500 members – Alphabet, Apple, Amazon, Facebook and Microsoft have gained 15 percent so far this year, while the remaining 495 companies have fallen 8 percent.

[dmedin]

Just like how it was easy to make money shorting everything at the end of February for a few weeks, now it's easy to make money going long on everything.  I hope I don't lose everything again this time

https://uk.reuters.com/article/us-usa-stocks/wall-street-surges-on-signs-of-economic-rebound-idUKKBN23A1I1

Edited June 3, 2020 by dmedin

[robertbowler]

Id be trading everything long with tight stops from here its getting wobbly as a jelly out there..  agree though .. dont fight the upward momentum 

[Kodiak]

39 minutes ago, dmedin said:

Just like how it was easy to make money shorting everything at the end of February for a few weeks, now it's easy to make money going long on everything.  I hope I don't lose everything again this time

https://uk.reuters.com/article/us-usa-stocks/wall-street-surges-on-signs-of-economic-rebound-idUKKBN23A1I1

What comes after 27K? 😎

[dmedin]

3 hours ago, Kodiak said:

What comes after 27K? 😎

Then it will probably all start going wrong for me again, I'll be left with nothing and feel like hanging myself

[dmedin]

The Nikkei falls a bit short of closing the window.  Hoists down its breeches and squeezes one out.

[AndrewS]

14 hours ago, AndrewS said:

 

I am still actively managing a short on the Nikkei. I closed out half when it traded below levels I sold at. My plan at the moment is to double up with a tight stop if it approaches the high and hedge if it if goes through the high. Alternatively I will just scalp on the long side for a different index.

 

 

This was not a good idea for me, but it was much more forgiving than the shorting the others.

 

Edited June 4, 2020 by AndrewS

[dmedin]

Charts are like f@rts, everyone hates other people's but loves their own  

[dmedin]

On 27/05/2020 at 17:12, robertbowler said:

interesting article in The Telegraph that Jeremy Grantham the CEO of GMO hedge fun is shorting all indices predicting a crash..worth a read

 

Just notice that this got headlined.

The Torygraph is behind a paywall, but you couldn't pay me enough to read their right-wing sh!te.

[Caseynotes]

FTSE breaking up through the monthly R1 and S&P zeros in on it's own MR1, daily chart.

Dax and Dow H1 charts;

[dmedin]

Zero lag stochs and Total Power?  Gosh.

[Caseynotes]

Dax and Dow H1 charts, both looking to retest yesterday's high after a bounce off the daily pivot;

 

[dmedin]

It's an all-time high for the Nasdaq 100, Veronica 🤓

[dmedin]

All the indices have now completely sh!t the bed.

[dmedin]

Come on lads, wipe your dirty b^ttholes and march onwards. 

 

[dmedin]

There's a good boy, done potty and now back on track

[phillo]

Trend is still up ( until it's not ! ) 

[Caseynotes]

S&P arrives at the monthly R1 this morning after a pause yesterday, will it rest up here before continuing on given that it's a Friday and with NFP minus 8 mil expected just before the US market open? We're living in interesting times.

FTSE and S&P daily chart.

Dax and Dow H1 charts;

[Caseynotes]

Dax daily and H1.

MR2  12867

[dmedin]

4 hours ago, elle said:

Trend is still up ( until it's not ! ) 

 

 

Can it 'keep it up'?  The 'big stonker' is starting to go soft.

[phillo]

https://macrocharts.blog/

[dmedin]

The Nasdaq 100 didn't make a new all time high yesterday, now it has hoisted down its breeches

[phillo]

Nasdaq high volume day yesterday  -  real money article  https://realmoney.thestreet.com/investing/stocks/helene-meisler-told-you-it-was-time-to-correct-15340960

[dmedin]

Economic data must have been good 🤓

[phillo]

6 hours ago, elle said:

Trend is still up ( until it's not ! ) 

T1  done 

[dmedin]

A big green erection! 🐮

[dmedin]

It's the second coming of Jes^s H. Christ! 🤓

[phillo]

FTSE 100  GAP filled

[dmedin]

Looks like the web platform has fallen on its 4rse yet again