Jump to content

Indices


Recommended Posts

  • Replies 5.3k
  • Created
  • Last Reply

Top Posters In This Topic

Top Posters In This Topic

Popular Posts

fair go, the failure to break through the blue rectangle was crucial for further downside. Now looking for resistance (sellers to step back in) and the most likely area is just before the red 29400 de

That is the 50% retrace for  the Dow and S&P. 

Interesting S&P daily shaping up 👇

Posted Images

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? 😎

Link to post
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.

 

JPN225M15.jpg.7892cd1a4bb1e4e2505de05f9ccdb67b.jpg

 

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

 JPN225M15.jpg.1ca256770840d5f73e2de0eae305e477.jpg

Edited by AndrewS
  • Sad 1
Link to post
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.

  • Like 1
Link to post

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;

image.thumb.png.1b580e7745b82548c29ae0f25d583751.png

image.thumb.png.ebea245c6fd3388ed5a210a030ca7ec9.png

Link to post

Join the conversation

You are posting as a guest. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.


  • General Statistics

    • Total Topics
      15,433
    • Total Posts
      73,993
    • Total Members
      62,366
    • Most Online
      7,522
      10/06/21 10:53

    Newest Member
    Macka
    Joined 18/06/21 22:04
  • Posts

    • This weekend don't forget the rules to SAVE LIVES!!!!!   ... unless of course you happen to be going to Ascot 👍
    • Looks like it's a flat squib affair for the SP500 - I'm away early next week, but I'd give this until Tuesday (max 3 weeks after the physical date) to do something otherwise I'm marking it down as a failure Which is not bad, out of all the TC's this one is the one to be most concerned won't work, especially during an UP Bullish major cycle, which is what we are in, but the expectation was for the market to react as per May 2012 as shown on the Internal cycle harmonic chart in the post directly above So unless we get a 7%+ correction from the highs next week - I'll simply log this as failed - remember we trade the market NOT the Time Cycle  The small correction into the actual date is NOT good enough to say that was it! - We should be able to see these corrections/upswings clearly on a monthly chart, which means they should be of significance I'll hold off publishing the next Time Cycle just in case something happens next week SP500 Index Daily Chart: data to Thursday 17th June 2021
    • and Gold Puked at 10 year resistance line  
×
×
  • Create New...