[edit: bulls just cleared both resistance lines]
Bulls need to clear the blue declining trendline, and the red-line top, which they have been unable to do so far
Internals turned into mush CHOP 1-to-1 (pink box)
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Last edited by Al_Dente on Tue Nov 24, 2015 2:05 pm, edited 1 time in total.
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
good v pop, but not crazy about lack of bears in options area ......would like more, the V should not stop...concerned a bit , need more juice to break that Lower 2090s zone.
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I totally agree that any past Fed actions and re-actions must be taken with a lot of scepticism. I think the most relevant periods were when other world wide currency wars were raging and we went opposite direction taking a hit for the team. Also when Deutsche Bank calls the rate hike a policy error, well it makes you really wonder what is going on.
Trades with cats wrote:I think the most relevant periods were when other world wide currency wars were raging and we went opposite direction taking a hit for the team. Also when Deutsche Bank calls the rate hike a policy error, well it makes you really wonder what is going on.
They are just testing things, see how it will affect their pockets.
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