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ES: Hourly closed at 2070.50 as a doji sticksave from the 1HR 8EMA support. This means it's not a full blown bull bar. Sideways/down consolidation market prevails.
Gappy, thanks for the yen chart. My wife loves Japan, used to go all the time on business. Told her I would go when Yen gets to 140 so I can afford cherry blossom time prices
Trades with cats wrote:Gappy, thanks for the yen chart. My wife loves Japan, used to go all the time on business. Told her I would go when Yen gets to 140 so I can afford cherry blossom time prices
‘the petrodollar is our currency and our problem’....Gappy
DUST: The C&H setup I talked about earlier this week is still valid 14.60 is your confirmation for the 17.68 target. Above 14.05 is your aggressive entry.
Fib-wise interesting to see where the indexes are stoping. ~ 78.6% retracement seems to be working as resistance (except for rut which is stuck well below ~ that 38.2 level). still don't see real breadth sector wise and a snooze fest internally @ 1.5U/D and +2A/D
Day trade: 2/3 of the position was stopped out at 2063.50 breakeven. This is why we always guarantee a green trade first by taking partial profits.
R.I.P. 2089.50 immediate target for today I guess
Small cap futures (TF) stalled out at Wednesday's high. Nothing good for small business in the news. And really, when has a rising dollar helped the S&P recently? But when have fundamentals had any meaning in this market?
Trades with cats wrote:Small cap futures (TF) stalled out at Wednesday's high. Nothing good for small business in the news. And really, when has a rising dollar helped the S&P recently? But when have fundamentals had any meaning in this market?