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Break on through and reach for the stars, My Son 🤩

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Come on, come on, come on - I'm waiting for that feeling to come 🤩

 

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Holy cr@p :(

Was today just a trap for the bulls?

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Is the party over, Tamsin?

While macroeconomic data was pointing at a deep recession, Citi’s Snyder was focused on the recovery. But he questioned how much further the market would rise with the U.S. presidential election in November and simmering U.S.-China tensions.

“The returns from here will be harder to come by,” he said.

https://uk.reuters.com/article/us-usa-stocks/sp-500-rises-on-economic-recovery-and-vaccine-hopes-pulls-back-from-highs-idUKKBN2321Z4

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FTSE and S&P daily chart with monthly pivot levels.

Dax and Dow H1 charts with daily pivots and intraday Fibs;

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Dax following closely, Dax weekly chart with S&P overlay (blue line);

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A powerful erection forming this morning! 🐮

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A wee overnight poo-poo, this morning it seems all bottoms wiped and trousers back up! 🤩

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Consolidating before the next push?

Dax and Dow M15 charts;

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Shaping up to be a Debbie Downer day :(

 

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Will fortunes turn at the eleventh hour, Peregrin Took? 😟

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The Nasdaq has hoisted down its breeches and made a hefty relief:

918175771_USTech100_20200527_15_22.thumb.png.c367317b317324e59b25350c5166b07b.png

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Oh gawd, Samwise Gamgee 😿

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Is today a little pullback or the start of a big stinker! 😮

 

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3 minutes ago, dmedin said:

Is today a little pullback or the start of a big stinker! 😮

 

too sudden, had to be news. Trump and Honkers or covid antibody test does not mean immune

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5 hours ago, Caseynotes said:

Consolidating before the next push?

Dax and Dow M15 charts;

image.thumb.png.bc15613e8844146c2cedfe21616ac202.png

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

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On 25/05/2020 at 10:00, Caseynotes said:

yes they are MT4 charts with level based indicators such as daily Pivots and intraday Fibs.

thankyou ...

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Back from the brink, bonnie loon 😻

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S&P heading for the monthly R1 having passed 3000. FTSE arrives at resistance.

FTSE and S&P daily charts;

Dax and Dow looking at the daily R1. H1 charts;

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    • I want to believe that, even if we had viruses for many years and we lived with them like nothing happened, this one is killing more people than it should. At least is what reports are saying. That is why countries are forcing lock-downs. Think about that a lock-down is going to extend the furlough policies all over the world again. I don't think a government want to pay that money out to citizens if they don't have to, and companies are going to have to close business for good if we have a second lock-down everywhere. I agree with the statement that we had many corona-viruses before i.e. common flu, but why now governments are taking these draconian measures to force people into a quarantine? If we had the same dangerous viruses always around why are they now locking people at their homes. Did they not care about people before? I think the virus is way more deadly than they tell us and that is why people are not really that scared of it. If we had all the information that is available to professionals we would be really scared and people would lock themselves without waiting any government to tell them. My wife is Chinese and I get their news first hand. They are not reporting what is really happening since the very beginning and it is really hard to trust the Chinese government  on anything related to this virus. They still have the problem there, they keep locking entire cities down for short periods the minute they see anything. It is not reported here in the news but every week they lock people down at their homes.  This virus is really nasty and if locking people down is going to stop it, let's do it. 
    • I agree with 99% of this - the current strain is virtually exact to a strain found in 2012 by a group of Chinese scientists, then when 6 of them died from exposure the virus was sealed and sent to Wuhan I challenged David Icke  to prove the excess deaths were'nt excess deaths, from the info I looked into I'm satisfied the virus is genuine and I'm probably one of the worlds biggest sceptics  From a lock down point of view I'd of thought the perfect place to test out compliance of mass herds would be the USA - hasn't happened strongly enough for me to be concerned but it shown those that could create such circumstances how compliment most people are.  
    • Corona virus has been with us since forever we just never mass tested before. There are no extra deaths this year than any other and it's the same unfortunate types who die of corona virus every year (over 80's with pre-existing conditions 90% of cases). Corona virus is always circulating in the population most people being completely unaware and asymptomatic, herd immunity is built and the virus mutates or dies out. Tests just show you have been exposed to the virus at some stage which could have been months ago and you were most likely asymptomatic. Vaccines don't work for corona virus because they mutate very quickly which is why there is no vaccine for the common cold (a corona virus). And why flu shots don't work very often because they are based on the previous years dominant strain not the current year's (the mass manufacturing would be too late). Covid 19 has already been mutating and the last studies I saw several weeks ago confirmed that as usual a particularly nasty strain becomes less deadly with each new mutation. Another 30,000 people will die next year from respiratory infections as it's the 5 year rolling average (covid 19 or not), weather it'll be covid 19 next year or another strain no one knows but they will keep the covid ball rolling anyway. So all in all it looks like lockdown til the end of time.      
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