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aussiebear

World Stock Markets Trading Discussion - Aimless abstraction

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big.chart?nosettings=1&symb=AU%3AXAO&uf=

http://bigcharts.mar...com/default.asp

 

 

A sideways roll for All Ords with the index gaining +0.2% for the day.  Energy +1.2% was the main gainer followed by Financials +0.6%.  Utilities lost the most, -0.9%.

Over in Asia, China -0.3%, Hong Kong -0.4%, India currently +0.4%.

 

 

On to UK/Europe:

 

 

FTSE

chart.jsproto_large.chart?INDEX=UKX&XAXI

http://www.hl.co.uk/...ummary/ftse-100

 

 

 

big.chart?nosettings=1&symb=DX%3ADAX&uf=

http://bigcharts.mar...com/default.asp

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Fed day.  Expect nothing but craziness.

To manage risk, i covered half of my ES short position this morning at 2717.75 for +1.

Going to move the rest with a stop above 2731.

 

Good luck everyone.

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The Fed Words thing no matter how decrepit stumbles on. I see some wag is proposing the Fed will now commit to only 3 "rate hikes" as they call them, not 4. Which I suppose is supposed to be bullish and if they do use 3, not 4, would be, for a moment. 

 

One funny thing is what everyone really wants is more QE, but they don't actually know they want it, or something. It's all very confusing. Of course no article on Fed Words can skip the Dual Mandate. It's a beautiful thing.

 

post-441-0-09305300-1521643939.jpg

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3 day cycle projection 2733. 

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The funniest is that the price of money doesn't matter. The quantity of money matters. And nobody is paying attention to that because the Fed told everybody not to pay attention to that.  

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That was the 3 day  cycle projection, not 2 day. 3 day now 2740. 

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Buy Facebook! 

 

Fecebook. 

 

Fece is the singular of feces. 

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trend resistance 2726. 

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Fed day.  Expect nothing but craziness.

To manage risk, i covered half of my ES short position this morning at 2717.75 for +1.

Going to move the rest with a stop above 2731.

 

Good luck everyone.

 

 

Got stopped out for -12.25.

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