Actually it looks like the markets have hit the pause button until wednesday. This is the narrowest range I can remember the NDX/SPX trading for...
106'13
Sorry I don't watch CNBC. But I do watch the 30yr, and I did some nibbling on the long side.
It just closed that acceleration gap so it doesn't look good. I'm surprised it has another failed fifth wave, just like the last rally.
LOL
Interesting 5.35% was my target too :) May or may not reach it now. You were right on the Dollar Doc. It did break support and is still weak....
Gold: The precious metal is overextended, but may touch $700 before pulling back into a much needed correction.
Yes, you are correct. Now the Dollar is way oversold, and Bonds are making positive divergences at the recent lows. Seems like a shift in...
Dollar/Euro: The Dollar is still searching for a bottom, which looks to be a bit lower from current levels. Should stop at one of the lower...
Bonds/Notes: There are positive divergences on the daily charts which indicates we might have seen the low of this intermediate term downtrend....
Crude: Black gold made a serious pullback this week jeopardizing its uptrend, but thus far still looks higher.
INTERMEDIATE TERM: downtrend NAZ/NDX, uptrend SPX/DOW Currently we have a mixed market. The failure of the NDX to make new highs since its March...
TY Being an alchemist I knew you would know the answer :)
Alchemist ... can you make Gold out of copper ;)
THX that's very true about ALL bubbles and mania's
same 2 u, and all
Wow! This is such an interesting market. There are so many cross currents: Gold's relentless rally A gap up opening for bonds The...
mixed signals .... Thanks we have fun discussing the FED and Bonds We've all been bearish :)
Nice charts ... thx
Mostly technicals, but pay attention to the reports and the FED just to see how the market reacts to them. But mostly TA.
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