Not bad ! I thought we will need couple of weeks to revisit 8000.00 again....! Hope, ADP numbers are reliable this time !
WOW ! 8000.00...eight trading days....Seems a little bit overbought...still got my puts in place.....if we have some sophisticated range players being around we may very well retrace again to 7500.00 level...we´ll see...I expect some consolidation, maybe some more upward room ´till 8039.00....
yeh its a bit quiet so it can be pushed around by semi-large players... when paper comes in we can either see it really taking off or gettin cracked back down...its in bullshit range at the minute...but that my humble opinion...
Short 3 -3 Seeing potential weakness on 2 minute chart, looking forward to re-shorting, smacking the TL towards support 7975 and doing some retracing, we did have a good run, so we are Hi enough ImO. 15 min chart looks a tad extended to me, MACD bending towards centreline. On the other hand YM will probably be pushed towards its 50 daily ma which coincides with bearish TL on daily chart, so, to hell with so, I am short term trader LOL. Short 3 -3.5 Pattern gone, will be looking for other opportunities, staying positive!
Short 8010 Not giving it much time, looking for a push down pretty soon, or I'll be out quick. Edit: Add a little 8020. Edit2: Added pos cover 8006,5
2 lots -1 Lower IR over in the UK, confirms that there are serious concerns out there, they wouldn't lower it otherwise, confirms my monthly outlooks. 1 min MACD still not adhering to upside, Short 3 Scaled out 2 +10.5