The Global ES looks like a consolidation pattern to me, so it's up biased and as long as no sharp pullback, bulls are fine. The FOMC is on Jan 25, so maybe we'll have to wait until that day for some real bear action?
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I decided to get out of the FXI trade today, before the New Year since an important target has been reached.
Also, entering a long trade on EDZ, since we got the BUY signal...
“ ...'Curiouser and curiouser!’ cried Alice (she was so much surprised, that for the moment she quite forgot how to speak good English)....”
[Lewis Carroll “Alice in Wonderland”]
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
“ ...'Curiouser and curiouser!’ cried Alice (she was so much surprised, that for the moment she quite forgot how to speak good English)....”
[Lewis Carroll “Alice in Wonderland”]
“ ...'Curiouser and curiouser!’ cried Alice (she was so much surprised, that for the moment she quite forgot how to speak good English)....”
[Lewis Carroll “Alice in Wonderland”]
Like to read more of my commentaries? Please subscribe my Daily Market Report. Subscribers can find all the members only posts HERE. StockCharts members, please vote for me HERE, thanks.
BullBear52x wrote:GM,
DBV and TNX is still strong, another 50 cents day today me thinks.
that's really strange, the liquidity inflow suddenly spiked since Wednesday. Don't know what's going on, someone knows something really good ahead of us. Just because I saw the liquidity wasn't strong enough, so I was so sure the top could be around. Now all of sudden everything changed.
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