Indices

[dmedin 870]

Germany 30 poised with its breeches down too.  I am using a laptop screen so my charts look cramped.

 

 

[AndrewS 111]

17 hours ago, dmedin said:

Germany 30 poised with its breeches down too.  I am using a laptop screen so my charts look cramped.

 

 

I was awake at the time because I had an appointment, but I didn’t have any comment to make about it. It was just a small move down by the European indices unsupported elsewhere. Often during those hours there is a contraction in volatility, but occasionally there is an easy low risk entry. The Dax made its high for the week at that time last week.     

[Caseynotes 2,847]

Daily charts;

[Caseynotes 2,847]

Dax and Dow H1 charts;

[dmedin 870]

ADP Non-Farm Employment Change  and ISM PMI today, are you excited Tom 🤓

[dmedin 870]

ADP Non-Farm actual vs expected

167K

1200K

 

Wall Street hoists down its britches and prepares to squeeze one out

 

Edited August 5, 2020 by dmedin

[dmedin 870]

Onwards and upwards Tabitha 🤓 After all, where else can the rich put their money but in U.S. equities?

 

[dmedin 870]

🤑

ISM Non-Manufacturing PMI

58.1

55.0

[dmedin 870]

The DAX is looking a bit constipated

 

[dmedin 870]

DAX gives a sell signal again.

 

[Caseynotes 2,847]

Daily charts;

[Caseynotes 2,847]

Dax and Dow H1 charts;

[Caseynotes 2,847]

Dax and Dow M15 charts;

[Caseynotes 2,847]

Dax and Dow M15;

[Caseynotes 2,847]

FTSE and S&P daily.

Dax and Dow H1 charts;

[dmedin 870]

Big USD and CAD related data today 🤓

[dmedin 870]

Once the U.S. passes its stimulus package perhaps this impasse will be resolved 🤔

[Caseynotes 2,847]

Dax and Dow M15;

 

Edited August 7, 2020 by Caseynotes

[786Trader 80]

Volatility is such fun. If you are on the right side of it , of course.

Dow@ 27239, will go higher expect 27550+/- 1%. Then hang on to your shorts as it's big swinging cahones time. If there is no more stimulus, saving the Fed largesse then watch the Dow sink 3-5% as retrenchment may be the order of the day. With stimulus expect a gain, then retrenchment, then exuberance, then retrenchment, then a small nervous breakdown....... It's as if the Dow has become the schizophrenic naughty cousin of the S&P. Today is the last day before the delayed August break for Congress so it's pooh or bust for legislators, who will naturally blame each other if they fail to agree.  Ahh the competence of governments.......

[Caseynotes 2,847]

NFP a beat but indices pulling back from early gains;

 

[RANZ 14]

4 hours ago, 786Trader said:

Volatility is such fun. If you are on the right side of it , of course.

Dow@ 27239, will go higher expect 27550+/- 1%. Then hang on to your shorts as it's big swinging cahones time. If there is no more stimulus, saving the Fed largesse then watch the Dow sink 3-5% as retrenchment may be the order of the day. With stimulus expect a gain, then retrenchment, then exuberance, then retrenchment, then a small nervous breakdown....... It's as if the Dow has become the schizophrenic naughty cousin of the S&P. Today is the last day before the delayed August break for Congress so it's pooh or bust for legislators, who will naturally blame each other if they fail to agree.  Ahh the competence of governments.......

But isnt it August break is cancelled till there is an agreement on the bill?

[dmedin 870]

Indices have been money-losers all week on the hourly chart.  A lot of FX pairs have been losers too, unless you like counter-trend trading.  Commodities have all sold off like MFers.

Not been a good week.  Oh well, there's always next.

[dmedin 870]

Nasdaq makes a big dookie and forgets to flush afterwards.

 

[dmedin 870]

Actually the week for the U.S. 30 doesn't look so bad, I was doing something wrong  

 

[dmedin 870]

Will we have a nice wee late night rally Peregrin Took 🤓

 

[dmedin 870]

God bless 😘

 

[Caseynotes 2,847]

A strong charge going into the weekend, a sure sign of bullish confidence.

S&P H4 chart;

[dmedin 870]

Looking forward to next week 🤑🤓

[AndrewS 111]

9 hours ago, 786Trader said:

Then hang on to your shorts as it's big swinging cahones time.

If folks did a staggered entry and exit with amounts they are comfortable with they would be dancing to the Hokey Pokey instead.

 

 

Everybody form a circle
Put your left foot in
Your left foot out
Your left foot in
And shake it all about
You do the hokey pokey
And turn yourself around

Now put your right foot in
Your right foot out
Right foot in
Then you shake it all about
And then you do the hokey pokey
Turn yourself around
That's what it's all about

Edited August 7, 2020 by AndrewS

[dmedin 870]

The indices have morning glory, Peregrin Took! 🤓