Looks like a minor bull trap to me to be honest (as it looks a bit obvious). Wouldn't be surprised to see ES test 2600 again before finally trying for 2705 but we'll see.
Yep....another trillion dollar prediction for apple....this has been going on for quite some time...I remember years and years ago during the dot com bubble when they were putting trillion dollars market caps on Cisco systems....as you know it never even happened...when apple does get it's trillion dollar market cap...it won't hold it for long!!
Thanks Mr wien! So a retest of lows and then straight up...no bear market for 2018! Got it..... perfect, time to go all in....zero risk all reward all the time....haaa The stock market will retest the lows seen in February, but it'll represent a great time to buy, Wall Street veteran Byron Wien told CNBC on Thursday. "If I'm right and we test the lows, that's going to be a terrific buying opportunity," said Wien, vice chairman at Blackstone and a 50-year veteran of Wall Street. He predicted stocks won't enter bear market territory in 2018. https://www.cnbc.com/2018/04/12/byr...ebruary-lows-will-be-a-great-time-to-buy.html
Today feels like one of those days where the markets just keep slowly grinding higher and higher....by the close we might have a 500+ point day just on that trump news...which really isn't news to begin with!
It has become obvious to me, Trump uses his Twitter account to game the markets. Someone somewhere is making some easy money. Computer algos react to these words coming out of his Twitter account.
The market is dropping/turning at 1:15pm, I know this is hindsight wisdom...but I Knew it was on the verge of doing so today...prior hours it elevated too high, specially considering Economic reports and Asia/Europe combined performance. This is only half the battle, the second is observing the depth it may drop...and/or when to close it, or reverse it.