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fehro wrote:Careful on gold/oil… DXY key level.. short term H&S daily.. long term 52 week invs H&S neckline 94.85.. over it USdollar could explode up 7.7% to 102.. nuts I know…
It has potential for a face ripping up rally. be careful.. /GC stalls once again at 200d/50w .. bear flag daily /GC
on "news"…. fill in blank.. DB, Italy, Spain, etc…
fehro wrote:Careful on gold/oil… DXY key level.. short term H&S daily.. long term 52 week invs H&S neckline 94.85.. over it USdollar could explode up 7.7% to 102.. nuts I know…
It has potential for a face ripping up rally. be careful.. /GC stalls once again at 200d/50w .. bear flag daily /GC
on "news"…. fill in blank.. DB, Italy, Spain, etc…
almost at target 94.85
be careful on /GC has potential for HUGE down move … under 1295 -1285… could see $-30-80 to an insane $150 dollar drop in one day.. key support long term
Can SPX go to highs when financials are dragging?
Anything is possible, but YTD shows when XLF (red) lags, SPX usually lags too
Today XLF slipped into the red on the year; that’s 6 months of nothin’
Also industrials (XLI green) are just a minute away from red on the year
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
in buy zone now but I don't know if it's a buy or not.
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It is a Thursday afternoon waiting for Futures expiration fun and games tomorrow. Just to stir the pot we are getting all those quotes to build a narrative that Federal employees attempted to thwart the results of the presidential election. No matter the eventual outcome of all this would you go long with other people's money if we are about to get a major political crisis breaking over the weekend?
Al_Dente wrote:Can SPX go to highs when financials are dragging?
Anything is possible, but YTD shows when XLF (red) lags, SPX usually lags too
EUFN (European financials) are still below their (downslope) 20day MA, and not far from a 20day low. European Central Bank doveishness has powered their equities, and is taking pressure off US rates.
TLT is well above that congruence point of its 20 and 50day MAs, holding above 120 now.
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