kongen wrote:Has Power Hour been cancelled? Or did old Mr Miyagi doze off again?
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kongen wrote:Has Power Hour been cancelled? Or did old Mr Miyagi doze off again?
I was making a late-day espresso.
!!! POWER HOUR !!!
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Daniel wrote:UUP, beautiful gap and go. Has held near HOD and above VWAP most of the day.
This is a headwind today for commodities and materials.
not so sure for oil.. almost 2 weeks down in USD, with Oil down for 9 weeks.. minor disconnect. Also USD testing the underside of the 200d SMA
yes, been many such "disconnects". Another example is gold and silver. GLD just today is finally giving a daily stochastic sell signal. SLV has been on one since mid-August. Etc.
I don't think it'd be double bottom here, market may have decided to go down.
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Daniel wrote:UUP, beautiful gap and go. Has held near HOD and above VWAP most of the day.
This is a headwind today for commodities and materials.
not so sure for oil.. almost 2 weeks down in USD, with Oil down for 9 weeks.. minor disconnect. Also USD testing the underside of the 200d SMA
yes, been many such "disconnects". Another example is gold and silver. GLD just today is finally giving a daily stochastic sell signal. SLV has been on one since mid-August. Etc.
Monthly candle next Monday will be of interest.. If gold moves up to 1175 by then.. "railroad" tracks/outside reversal = bullish for gold for a few weeks