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Small gap down within Friday's range so the gap might be filled.
I see small and big Symmetrical Triangle on the Global ES chart, so the bias is a little bit on the upside.
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"No more movies, no more out-to-dinners, no more fun."
[Robin Roberts, a civilian employee of the Defense Department, describing the preparations she and her husband made for the effects of the budget cuts]
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
"No more movies, no more out-to-dinners, no more fun."
[Robin Roberts, a civilian employee of the Defense Department, describing the preparations she and her husband made for the effects of the budget cuts]
"No more movies, no more out-to-dinners, no more fun."
[Robin Roberts, a civilian employee of the Defense Department, describing the preparations she and her husband made for the effects of the budget cuts]
I just saw news that politicians might make a new deal to revert the cut. I think this is why the market doesn't care about the cut because people still don't believe the cut is real. Rather they think it's just a negotiation method, eventually, it'll be voided. Let's see.
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Momentum Block
Global Equity Futures: Neutral with bullish slant
Key Currency Pairs: Neutral with Bearish slant (Bearish SPY)
I see some signs of thaw in the currencies market but no concentrate evidence of change in trend. In my view US equities will remain under pressure as long as currency world remains in this mode.
Note: I just opened my blog to public, please take a peak when you have time.
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Above is provided for informational purposes only and shouldn't be considered an investment advice or recommendation to buy or sell anything.
“Among the $85 billion in cuts for the fiscal year ending Sept. 30: $3 million less for Pacific coastal salmon recovery; $148 million less for the patent office; a $1 million cut in support by the Defense Department for international sporting competitions; $289 million less for the Centers for Disease Control and Prevention; a $1 million cut in the Interior Department’s helium fund; and $16 million less for the Sept. 11 victim compensation fund.”
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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Harapa wrote: Momentum Block
Global Equity Futures: Neutral with bullish slant
Key Currency Pairs: Neutral with Bearish slant (Bearish SPY)
I see some signs of thaw in the currencies market but no concentrate evidence of change in trend. In my view US equities will remain under pressure as long as currency world remains in this mode.
Note: I just opened my blog to public, please take a peak when you have time.
Thanks Harapa! let us know when credit exits southbound...
GM all boardies, lets see if we can get above the high volume area near last nights es highs...
<;)
"It requires, obviously, some luck and some good policy."
Harapa wrote: Momentum Block
Global Equity Futures: Neutral with bullish slant
Key Currency Pairs: Neutral with Bearish slant (Bearish SPY)
I see some signs of thaw in the currencies market but no concentrate evidence of change in trend. In my view US equities will remain under pressure as long as currency world remains in this mode.
Note: I just opened my blog to public, please take a peak when you have time.
Hi, I looked at your blog this morning and I now have it bookmarked.
Thanks