Jump to content
Sign in to follow this  

World Stock Markets Trading Discussion - Tenacious tentacles

Rate this topic

Recommended Posts





A joyful jog today with All Ords closing +0.6% led by Gold +2.5%, Utilities +2.1% and Miners/IT +1.3%.  Energy -0.2% was the only down sector.

Over in Asia, China +1%, Hong Kong +1.3%, Japan -0.7%, India closed.



On to UK/Europe:









Share this post

Link to post
Share on other sites

 Elliott 5 wave impulsive decline pattern for first degree wave down. it broke 2-4 trendline 

now so we are in first bear market rally. Looks like we consolidate a while in here then another wave up in correction.  As long as a new all time high does not happen the bear market scenario is intact (as far as EW )  This first wave has happened at hyper speed compared to the start of the last two bear markets, it may just be the first of an even larger degree first wave down of a hooooooge Trumpian debt induced crash. Will be interesting to see of the 10 yr yield breaks 3.0 on this rally,inducing the next wave down. 


Share this post

Link to post
Share on other sites

Long ES at 2641.25

Stop at today's lows at 2633.


Looking for 2655.


Trade safe.


Sold half at 2648.25 for +7.

Moving stop for the other half at 2639.


Will exit the rest if we get to 2655.


Trade safe.

Share this post

Link to post
Share on other sites
This topic is now closed to further replies.
Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.

Stock market portfolio giving you the runs? See Dr. Stool.

Take a subscribatory!
The Anals of Stock Proctology now!

The Daily Stool - Stock Market Message Board
Stool's Gold- Gold and Precious Metals Forum
Look Out Below Message Board

Support your local Stool Board.

The Al E. Greenspeuman designer line at Stoolmart. Get yours today! Click here now!

Old Stool Depository

The Wall Street Examiner
Subscribe to the Wall Street Examiner
Contact Us

Market Quotes are powered by Investing.com.