Gap up above yesterday's range so there're some chances that the gap won't be filled. The Global ES looks tired, just a feeling, no evidence.
Institutional actions from stocktiming.
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$DXY.
On 3LB charts, “3LB red bar whipsaws” are rare events. On this one, the last one was as far as 11/14/08.
If we do not experience today an unexpected strength in the US$, this latest yellow bar will turn red.
The consequence of this color change, for $DXY, should be: highly probable more DOWN!
alvian33 wrote:Morning Cobra, yesterday you said we will have a larger pull back today than yesterday almost for sure, still think so?
I didn't say "for sure", I just said if any pullback the next time, it should be larger.
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