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indeed the market is sick. For ES traders, they can simply short at 4pm and cover and go long around midnight these days to make a fortune. Scrub, rinse, repeat....Cobra wrote:Gap up, but just a little above yesterday's high, so no idea whether the gap will be filled or not. I'm sick of this market, where simply every dip was aggressively bought, so guess even if indeed the gap gets filled, it will be bought again. No idea what's going on here, big guys know very very (insert 1000000 very here) good news will be announced on FOMC?
Global ES, could be a C&H (cup with handle) in the forming, if breakout would bring us to as far as 1230. Well, the market is so bullish, so I give 90 decree up, perhaps tomorrow after FOMC announcement we've already at ALL TIME HIGH, YES WE CAN!
Be careful....long term picture still looks scary for dollar bull/BullTart wrote:Dollar index looking like it wants to explode higher after being in bull flag formation...
They talkedout Greece again like everyday in the past week.SB73 wrote:Cobra,
The market is horsebleep plain and simple. Talked to my broker yesterday and he asked me what it would take for me to get bullish. I said when we can sell off more than 5% without talk of some sort of QE or bailout. As for now, I have been sidelined with a pile of cash. By the way, did we bailout Greece again?