mind /GC /CL… DXY over orange trend 97.45ish.. 30m "could" explode up… Cyan line neckline 6 week inv H&S .. it goes. = more up USDollar 98.06 50d key over it kiss gold and oil good-bye
CL Clipper Data is out today with a free chart showing Saudi exports to the US have actually dropped. No idea if that is what sparked the dip buying. It also could be that chart showing Hedge Funds full short which seems to be a good contrary indicator.
Well ES and Smalls are both trading in the GAP above Fridays high . ES just not as strong, on both sides of VWAP can't seem to get above it. Cobra hasn't said anything about bull moves either!
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The National Bank trading desks in New York, Bern and Tokyo have got to be getting nervous. This is looking to set up as a plain as the nose on your face short term double top with today looking like an exhaustion gap up open. Can hardly wait to read the pundits tonight IF they don't turn this pig (car slang for your mother's sedan) around.
fehro wrote:mind /GC /CL… DXY over orange trend 97.45ish.. 30m "could" explode up… Cyan line neckline 6 week inv H&S .. it goes. = more up USDollar 98.06 50d key over it kiss gold and oil good-bye
ES strong enough to stop the drop but so far too weak to move above VWAP. Smalls looking like a challenge to the days high or a double top, depending on what happens now.
As Paul sang
"I'm sitting in the railway station.
Got a ticket for my destination."
As he didn't- waiting on the Ramp Express
Thinking it could run today as Small Caps just kissed the days high and the ES is a long way below where it opened.
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