triangle, so bias is up but it also could be the last push up. lunch time, will be back.
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Here is some math confronting policymakers: Excess reserves are currently 65 percent of the monetary base and rising. The only other time excess reserves as a percentage of the base have come anywhere close to this level was at the close of the 1930s, when the ratio hit 41 percent. We are in uncharted territory. http://www.dallasfed.org/news/speeches/ ... 140114.cfm
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From Fisher, yesterday.
‘the petrodollar is our currency and our problem’....Gappy
VXX and Vix have been slowly rising most of the day. There is a nice gap around 42 for VXX about a buck to the positive side from earlier in the week. Might see some VOL today.
StudentBill wrote:VXX and Vix have been slowly rising most of the day. There is a nice gap around 42 for VXX about a buck to the positive side from earlier in the week. Might see some VOL today.
I am all eyes. see RSI, >50 center line bears will have the day.
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My comments are for entertainment/educational purpose only. NOT a trade advice.
today's volume must be lower than last peak volume. if higher volume today a breakout is in the making, if not, you know the drill.
I like it, we are close I am tempted to press the short button around here but will wait till end of the week (little higher) or for confirmation
just for fun I am not calling a crash just a small correction sometimes soon
My satisfaction always came from beating the market, solving the puzzle. The money was the reward, but it was not the main reason I loved the market (Jess Livermore)
DumbMoney wrote:I have seen chart on hutong9 which looks like this.
KeiZai wrote:
BullBear52x wrote:Fun facts on 2x top.
today's volume must be lower than last peak volume. if higher volume today a breakout is in the making, if not, you know the drill.
I like it, we are close I am tempted to press the short button around here but will wait till end of the week (little higher) or for confirmation
just for fun I am not calling a crash just a small correction sometimes soon
wolf.jpg
It is possible, it is not my "artwork" I prefer charts
My satisfaction always came from beating the market, solving the puzzle. The money was the reward, but it was not the main reason I loved the market (Jess Livermore)
BullBear52x wrote:Fun facts on 2x top.
today's volume must be lower than last peak volume. if higher volume today a breakout is in the making, if not, you know the drill.
thx boss
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.