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10 minutes ago, AndrewS said:

I think some buyers may be setting themselves up for a disappointment.

 

Bad fundamentals?

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2 minutes ago, dmedin said:

 

Bad fundamentals?

I don't know. But there is good profit taking.

  • Great! 1

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The Aussie index is having a 'senior moment', Peregrin Took 🤪

 

Australia 200_20200813_04.21.png

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200 hour EMA acts as support, Tamsin 😘

bpVWgtqH

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Indices are on the way down this morning :(

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Dow testing the daily pivot will decide long or short for the near term.

M15

image.thumb.png.ad04cfa1cb96b4de1d74852f75f66989.png

  • Thought provoking 1

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Dax not willing to make a move without Dow while Dow looks content to wait for the US open.

M15;

image.thumb.png.c26cc08487f4e9d39fadabc2a2e7b2ee.png

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Mighty me, Peregrin Took!  What a day!  🤪🤯

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S&P remains poised below it's ATH which it has probed all week waiting for some new news to push it up and over but looking increasingly likely a test of support next.

Daily charts;

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2 minutes ago, dmedin said:

OMFG 😮

said it was likely to test support;

image.thumb.png.f3c160669485d2b9175ee550d6159867.png

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6 minutes ago, dmedin said:

Which way will it go Eileen

S&P trying to push up off the monthly R1 while Dow tries same off the daily S2.

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  • Thought provoking 1

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Some data coming up at 13:30, Peregrin Took 🤔

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Come on now Eileen, onwards and upwards 🤓

 

Wall Street_20200814_12.54.png

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Nooo!  The markets are closed.  What am I going to do all weekend :( 

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Is the Nikkei gearing up for a thrust higher, Josephine?

 

Japan 225_20200816_20.01.png

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Daily Charts. FTSE remains out of sync. S&P and Dow hold the bull flag pattern. Dax also looking for an excuse to shift higher.

image.thumb.png.36d5a49905000736964ea3c5bdb8665d.png

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