This action just keeps reminding me of Feb-April. Look at the candles right at 9am yesterday and Friday when we supposedly had “better data” and we had huge green candles. Today we have terrible factory and home news and nothing. We're already almost back to where we were before the data came out. Just a ridiculous disconnect that just makes it more and more obvious how manipulated this market it.
The 60, 30, and 15 are all pointing down now. The daily is neutral to slightly up, and the weekly is still up. If we break the gap window, then we go for gap fill at 110.50 area.
Leo, is there a double or triple ETF to go long the dollar?
Bulls are firmly in control.
Amstarting to wish i had been stopped out of my initial short positions before this rally .
i made a mistake thinking there was no way it would rally to this extent before a serious down.
We will see if the cycles play out. It still looks like Aug 6th????
Yeah… it really is disconnected from reality!
what bullshit
This action just keeps reminding me of Feb-April. Look at the candles right at 9am yesterday and Friday when we supposedly had “better data” and we had huge green candles. Today we have terrible factory and home news and nothing. We're already almost back to where we were before the data came out. Just a ridiculous disconnect that just makes it more and more obvious how manipulated this market it.
Selling is not doing anything . we go back up in a bit.
We hit gap window on the spx, but not the spy.
Check out the volume charts on Cap Vision for yesterday.
Did we hit the high &c wave?? Many thought 1131-1140. but the volume yesterday was really low.
News does not seem to move the markets except for brief interludes.
The 60, 30, and 15 are all pointing down now. The daily is neutral to slightly up, and the weekly is still up. If we break the gap window, then we go for gap fill at 110.50 area.
We should be sellling off much more. Factory orders down 1.2% and home sales down 2.6%. Well, Well below estimates.