pullback was bought indeed. now vol surge, so might be a pullback here first. overall, still up biased. could be C&H.
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OK this is way too choppy and obviously there is not enough time for "serious tanking" today so since I said I am intraday short for record I am covering it here...DAX 4h trend is just about to turn bullish 4h close above the yellow dotted line would be really bad for bears and most likely game changing so bears have to start fight if they mean business peace
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gappy wrote:4 hour silver/crude volatility. A general correlation only.
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with this reading on $CCI, i have to be bullish on commodities, overbought may be, but no way close to being bearish.
Am neutral, depends on EM inflation, China demands, currency carry trade shenanigans, etc. Greater risk/reward day trading the SPY with Cobra knowledge.