hanging around that horizontal resistance on the daily with overbought 30 and 60 good luck with that oh bearded one. the bad news is europe closed strong so we have to, hope im wrong.
Well gang… all the short term charts look peaked and ready to rollover. But, will they let it? The daily is trying to curl back up and go positive, but it could either way? I think it will breakdown today, but what do I know… I’m just a sheep after all.
It’s still possible, but they would have to keep it over for a few days…the last time is closed above, the very next day it crashed thru again and the market was done from then on…plus, the pits say we’ll at least see a test of the lows.
Perfect example of how the market drives the news…CNBC is blustering how several companies are “driving the market higher on great earnings.” I picked one to look at, ConAgra, and its earnings were lower than last year. So, “great news” is a complete fabrication to fit what’s happening in the markets, and it’s in plain sight. This must have been one of those “Hey Bob Pisani – ask one of the drones behind you why the market is going up.”
This market isn’t going to break out. Today is a “relief rally” in the EUR/USD nobody wants to talk about for obvious reasons.
Yes… I agree. Just break that rising trendline and fall off the cliff please.
stop sweep, let some bulls on, then take er down. Ok boss, you heard em boys. and make it look real
hanging around that horizontal resistance on the daily with overbought 30 and 60 good luck with that oh bearded one. the bad news is europe closed strong so we have to, hope im wrong.
At least you’re a black sheep, not one of the slughterhouse type.
This support line needs to break…
http://bbs.cobrasmarketview.com/download/file.php?id=1196&mode=view
Well gang… all the short term charts look peaked and ready to rollover. But, will they let it? The daily is trying to curl back up and go positive, but it could either way? I think it will breakdown today, but what do I know… I’m just a sheep after all.
It’s still possible, but they would have to keep it over for a few days…the last time is closed above, the very next day it crashed thru again and the market was done from then on…plus, the pits say we’ll at least see a test of the lows.
I dont think those rats are going to close it above the 50
now come on, all the issues are resolved and there’s no new ones. good observation on conAgra.
Perfect example of how the market drives the news…CNBC is blustering how several companies are “driving the market higher on great earnings.” I picked one to look at, ConAgra, and its earnings were lower than last year. So, “great news” is a complete fabrication to fit what’s happening in the markets, and it’s in plain sight. This must have been one of those “Hey Bob Pisani – ask one of the drones behind you why the market is going up.”
This market isn’t going to break out. Today is a “relief rally” in the EUR/USD nobody wants to talk about for obvious reasons.