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Oh Eileen, why do you do me like this :( 

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Posted (edited)

We're all f*ked. 💀

Edited by dmedin

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I'm looking for a 'late bloomer'; blossom for me now, Jasmine my sweet, and redeem the tears of my days.

1308267122_WallStreet_20200610_17_03.thumb.png.a693dc5c6bdd2de98ac6de31098d6025.png

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FOMC off!

Who all is dead excited for this evening's dead serious business?  Ha!  Ha!

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S&P may find support around here 3138 the monthly R1.

Dax and Dow fall through the daily S1.

image.thumb.png.3da0a5af297c96983eafe6ab592dc470.png

image.thumb.png.7393df193314c6dd22b36345be62991e.png

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Stupid fecker, should have looked at the daily charts and noticed the indices were about to drop a huge t^rd on Tuesday.

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1 hour ago, dmedin said:

Stupid fecker, should have looked at the daily charts and noticed the indices were about to drop a huge t^rd on Tuesday.

Here you go

a daily chart😎

US30Dailyc.png

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Look Eileen, it might be recovering.  If it goes up above 200 EMA and MACD crosses then we'll buy 😘

123449017_WallStreet_20200611_10_49.thumb.png.706edfbcc8dc19858943d256b230a792.png

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6 minutes ago, dmedin said:

Look Eileen, it might be recovering.  If it goes up above 200 EMA and MACD crosses then we'll buy 😘

strong bounce off S2

image.thumb.png.ecc8e11d2128f1c87cdfb1d114fb098c.png

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Oh dear, moving down another leg.

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Sinking despite modestly positive data ...

Doesn't look good

1717402630_WallStreet_20200611_13_43.thumb.png.83d634a050591abf48e129973da80535.png

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14 minutes ago, dmedin said:

Doesn't look good

Dax not following but rather waiting for the US open;

image.thumb.png.87ba64f70f36883095eeda12f36476ce.png

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Oh dear.

Getting f*ked really hard.

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Quote

 

No doubts that today's fall in European stocks is all about a sobering economic outlook from the Federal reserve and fears of a second wave of infections in the U.S. after rising cases in California, Florida and Texas.

But there is something more that worries European investors as they are increasingly discounting a Donald Trump defeat at which could lead to a possible reversal of U.S. corporate tax cuts.

A Biden win with Democrats taking both houses of Congress, would increase the effective tax rate by 4-5%, shaving $9 off 2021 EPS, Credit Suisse says in a research note, reminding that Biden proposed reversing half of the Trump's tax cut.

 

 

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Sell in June and emigrate to the Moon?

 

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S&P key support just below at 2972.

FTSE and S&P daily.

Dax and Dow H1;

image.thumb.png.5767fe0a938b6d6a176df878eb0e50de.png

image.thumb.png.3447047cc36276c60923444a2842aa00.png

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Just now, Caseynotes said:

S&P key support just below at 2972.

FTSE and S&P daily.

Dax and Dow H1;

image.thumb.png.5767fe0a938b6d6a176df878eb0e50de.png

image.thumb.png.3447047cc36276c60923444a2842aa00.png

 

 

 

Are you looking to go short on rallies, Tom Bombadil? 🤔

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3 minutes ago, dmedin said:

 

 

 

Are you looking to go short on rallies, Tom Bombadil? 🤔

no, I just follow the short term EMAs, yesterday they were sloping down, currently they are sloping up and making for the daily pivot.

If the EMAs are horizontal stay out.

Key times of the day were direction can change unexpectedly are on planned news releases and the major market opening times, 7am, 8am and 2:30pm.

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I'm looking to sell ... but very open to buying too :D 

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2 hours ago, Caseynotes said:

no, I just follow the short term EMAs, yesterday they were sloping down, currently they are sloping up and making for the daily pivot.

If the EMAs are horizontal stay out.

Key times of the day were direction can change unexpectedly are on planned news releases and the major market opening times, 7am, 8am and 2:30pm.

what EMA time frames do you use ?

?

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6 minutes ago, robertbowler said:

what EMA time frames do you use ?

?

The 50 and the 75 on the M1 dax.

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3 minutes ago, Caseynotes said:

The 50 and the 75 on the M1 dax.

image.thumb.png.ae9b040f84f29f1d74620f803b75881c.png

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1 hour ago, Caseynotes said:

image.thumb.png.ae9b040f84f29f1d74620f803b75881c.png

one minute...?

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