luckystar2006 wrote:All of my short-term signals confirm that short-term trend is officially down starting today, which means bears going to run the show for a week or two.
what are your "short-term signals" ?
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
so far looks like a range day unless sharp sell off from here in the next couple of bars.
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Here is a perfectly acceptable reason for that unexpected down move this morning. "Confirming API's surprise, DOE reported a much bigger than expected crude build of 7.07mm barrels (+1.45mm exp) but sizable draws on gasoline and distillate stocks offset some pessimism."
So gotta be bullish now as these crude slides seem to reverse quickly and we have multipal Fed speakers on deck.
The last time it got triggered is during January 3rd to suggest market is officially in uptrend.
Last edited by luckystar2006 on Wed Mar 06, 2019 12:13 pm, edited 1 time in total.
I've been a MOMENTUM trader over a decade & I only trade setups ranging from scalping, day or swing trading for living. My posts on here are ONLY FOR FUN & therefore not recommending anything to anyone. GLTA.
12:00 Meister in a moderated panel discussion from Columbus Ohio. With all respect I am guessing a nothing burger.
12:10 Williams addresses the Economic Club of New York on the outlook "is this the new normal" followed by Q and A. I think this one could move things.
Beige Book at 2. Usually a snooze fest but who knows if the algos have been programmed for a trigger phrase.
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