looking for a break in bonds to sub 116.00 level..115.15 or so.. will coincide with spooz at 1510... going to put some dollar bear positons for fomc...
Im telling you we need a voice room. Join forces and we will be making markets one day. Until then, we keep taking.
do I think we will see 1380 and lower..in the coming year... sure bailed out of Oil too early.. at 87... at 88 now. but for higher roundtrip rate.. needs smaller intervals from entry on dispersion field trades.
the need for price to vary is a major inefficiency in itself... if prices stayed fixed by market forces it would be the most efficient representation. some forms of price patterns, 1) trendy minimal variance 2) trendy major variance(not trending on larger timeframes) oats for example has major variance..
RIGHT NOW THE Russell IS IN control OF THE MARKET! UNTIL IT SAY'S UNCLE WE WILL NOT SEE THE SELL OFF IN THE ES.
the tide will erode bear positions..ebb n flow...till it starts rolling out again. FOMC is the moons gravitational field acting as the tide. NFP should come in mildly weak..