I effectively went neutral on the market the first week of May, as I noted in my blog that week: "a defensive position is now warranted."...
Our mixed market seems to have been resolved with a solution to the downside. The selling in the US indices on thursday reverberated around the...
That link was timely :)
I try not to let monetary policy interfere with what I'm seeing in the EW. Afterall, I believe it's all...
Agree to that too!
Makes sense to me too!
Maybe so, the BOJ I believe holds the largest position in USB's
Read his article thanks.
I'm not a monetarist, only an OEW technician that observes the affects of monetary policies on the markets....
That's a gloom and doom scenario.
Like fool's gold
The world's markets are only in a correction.
Yes, it does bother me now that you mention it.
Certain markets should be moving counter to each other, not in conjuction with each...
$90 is pretty high.
Higher than $75 for sure ...
A monday/tuesday turn would coincide with option expiration, from what I gathered three months ago. Had the 16th marked on my calendar.
Everything I follow is in the RED today.
It's all for sale!
New lows in Bonds, not happy with that, but staying the course.
They sold Bonds on flat retail sales today ???
Welcome aboard, btw.
Test of the first EW pivot underway at 84.22.
Dollar is way oversold short term.
Crude is looking better already.
as always :)
good luck !
See no reason to abandon ship, but usually do not like being long in a bear market.
How much of a spread is needed for these NOB positions to show a sizeable gain?
Separate names with a comma.