Tomorrow is a definite up day. Futures are green and Asia is up again. Nikkei has been up nearly every single day since lowering rates 2 weeks ago.
Up just like I said...just sold JDST at $16.25...more free money as usual in that etf. Gap up over 12%
This market started to feel real once again yesterday as it wasn't able to get into the green by the closing but everyone knew yesterday was the biggest buying opportunity, lasted only a day ....today markets climbing slowly to fresh highs. The risk free markets are in your favor once again. Ahhh more free Monday today and the rest of 2014 and 2015....since 2015 ends in a 5 its guaranteed to be an up year for the markets. That's according to market history,you can even look up for yourself. So next year Dow will close easily above 25,000.
This week makes it 7 straight up weeks....yes I know today is only Tuesday but its given that even before the week is over the markets will be up 7 straight weeks in a row....now if it was 7 straight down weeks they would have had 3 fed emergency meetings during market open and QE 4 would already be set in motion. Sit back and collect..... Dow 18000 only hours away and NASDAQ 5000 is days away.... Next year Dow 25000 and NASDAQ 7500.... It will another solid year...im thinking it will be a straight 52 weeks worth of gains ....melt up continues
cheers. The trick when trading US indicies is to get long on dips, and if it doesn't dip (which is sometimes doesn't) you just get long on breakouts instead. sp500 is good for new traders because you at least know which way it's gonna go overall due to the innate manipulation!