I do not understand the bearishness here. Today so far comes across to me as consolidation of yesterday's strong move (actually, strong two-day move). If the market closes below 58, I'll take my bullishness back, but 95 and perhaps even 1525 still look like they will be here before the New Year.
just daytrades my friend..... reaping it in big on the short side today. I am bullish long term... just trading the flows of the market.
I can't ignore what I feel in my gut. Risk management is the only prevention when such strong feelings persist about a given market. I'm the first one to be bullish, but too many warning signs.. we are very early in the cycle to look for a market to resume its upward momentum.
it seems head and shourlder, and 1461 is again possible either today or tommorrow morning. Very good chart and moving averages. Thank you
I'm short spooz and march bonds. Made a hundred pips or so on the Loonie. In a way I'm hedged.. if equities continue to rally, march bonds will sell off.
The nq has not been treating me very well lately. Thinking about moving over to the Q's.. Anyone have any experience with 20k+ lot orders on them? Are the fills decent?