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11/05/2015 Live Update
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Junior Buffett
- Posts: 1089
- Joined: Mon Apr 15, 2013 4:39 pm
Re: 11/05/2015 Live Update
Based on today's close, I think S&P will jump above 2116 tomorrow..didn't like close today, when you think job report is before market open tomorrow, you would expect some selling but nothing..zip.. 
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DellGriffith
- Posts: 1803
- Joined: Sun Aug 25, 2013 5:24 pm
Re: 11/05/2015 Live Update
SPY has posted two consecutive red candles going into NFP day. The last 6 times this has happened, NFP day was a down day. The other time it finished up but was much lower intraday. SO all 6 times, shorting into NPF day was the correct move.
bearish as of SPY 406 on 2/17/23
currently: end bearish as of SPY 406 on 3/6/23
currently: end bearish as of SPY 406 on 3/6/23
Re: 11/05/2015 Live Update
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I've been looking at Oil and from what I'm seeing, there should be a huge rally beginning tomorrow. Based on that, my guess is NFP is low, dollar is lower, oil and gold up, and Market is Up. No rate rise in Dec - which we all knew was going to happen.
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I've been looking at Oil and from what I'm seeing, there should be a huge rally beginning tomorrow. Based on that, my guess is NFP is low, dollar is lower, oil and gold up, and Market is Up. No rate rise in Dec - which we all knew was going to happen.
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Re: 11/05/2015 Live Update
Whoever subscribes to Cobra's Marketview saw this chart yesterday evening. Huge ellipse 2 suggests that SPX needs more time to consolidate until it can break out to the upside.