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aussiebear

World Stock Markets Trading Discussion - Feathery farce

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There's a big difference between making market projections vs making money trading.
Until someone show me some real trade, you can take all those projections with a grain of salt.

Well i'm short at ES 2842.50.

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5 day cycle projection has been pulled down to 2850. 

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That’s one nasty looking reversal candle on the RUT.

Let’s see if everything tanks into the close.

 

Amzn on deck tonight.

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I don't trade or much follow individual stocks but I've been watching FB and with my simple chart tools and I didn't pick up a single clue from them that it was crusin for a brusin.

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I don't trade or much follow individual stocks but I've been watching FB and with my simple chart tools and I didn't pick up a single clue from them that it was crusin for a brusin.

 

It was overbought.   Worked the past 3 times...

post-1444-0-87312200-1532632885_thumb.jpg

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I don't watch RSI or other such indicators. 

Still, the scale of the drop is rather out sized. It does fit with my narrative that FB's post hearings rise was fueled by retail buyers being herded in by retail brokers. 

It's big money international flows that are surely keeping stocks bubbling. A different animal.

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AMZN beats earnings but misses on revenue.  I saw a 1650 print before shooting back up.

 

edited: low was 1705...

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I don't watch RSI or other such indicators. 

Still, the scale of the drop is rather out sized. It does fit with my narrative that FB's post hearings rise was fueled by retail buyers being herded in by retail brokers. 

It's big money international flows that are surely keeping stocks bubbling. A different animal.

 

Read a piece that today there's over 30,000 new FB shareholders.  RETAIL PILING IN on this drop.

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