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Small gap up, so not sure if the gap will be filled. Remember what I said in the last night's Market Outlook about what need to watch closely today? Yeah, watch that. Key day.
The Global ES doesn't look bad, but I'm a little disappointed because I was expecting it to break above the blue line overnight but instead it's already 2 legged so whether "the force is with bulls" we still have to wait and see and perhaps pray a little. The chart below shows what the reality would be more like despite I really hope "the force is with bulls".
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still hanging below the H&S Top neckline so DAX still is not out of danger.
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Uempel asks me to post this chart for him. He cannot be at the forum today.
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My satisfaction always came from beating the market, solving the puzzle. The money was the reward, but it was not the main reason I loved the market (Jess Livermore)
My satisfaction always came from beating the market, solving the puzzle. The money was the reward, but it was not the main reason I loved the market (Jess Livermore)
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.
"We got a runaway train boy, we got a billion Eddie Barzoons all jogging into the future. Every one of 'em getting ready to fist-#### God's ex-planet, lick their fingers clean as they reach out toward their pristine, cybernetic keyboards to tote up their f##ing billable hours. And then it hits home!"
mkt has NO legs. buyers only show up overnight and dump as soon as they hear a bell. however, all noise. at some point, they break through. 1290 held again, we should have some sort of test to the upside.
As of yesterday’s close, dollar/ bonds charts were breaking out/ touching highs…
Stockcharts is pathetic with their dollar & bond charts; they won’t even give candles on eod daily treasurys (the ETFs don’t count),
which is why I love all the real-time dollar / bond charts u all post here… xxxxx thanks
a little support here, hopefully bulls could hold.
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