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aussiebear

World Stock Markets Trading Discussion - Wispy wagers

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All Ords 5-day chart

big.chart?nosettings=1&symb=AU:XAO&uf=0&

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

 

A steady grind down for the rest of the day with All Ords finishing -0.4%.  Sectors ranged from Utilities +1% down to Energy -1.5%.

Over in Asia, China +1.8%, Hong Kong +0.6%, Japan +1.4%, India currently -0.1%.

Mixed in UK/Europe: FTSE -0.2%, DAX +0.5% and CAC +0.6%.

 

big.chart?nosettings=1&symb=UK%3AUKX&uf=

  

  

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

  

 

big.chart?nosettings=1&symb=FR%3APX1&uf=

  

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

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Top is in?

 

Goldman Sachs: Little sign of a recession for the next 3 years

  • Recession risk is "muted" and below average even three years from now, according to Goldman Sachs economists.
  • The 36 percent chance of a recession within three years is below historical averages.
  • If the U.S. falls into recession, there's a greater chance other countries will as well.

https://www.cnbc.com/2018/09/17/chances-of-economy-falling-into-a-recession-within-3-years-historically-lowgoldman.html 

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UVXY 5 to 1 reverse split.  Hilarious.  Nobody seems to care these ETF's are designed to be wasting assets so the rich can steal from the poor. No stone can be left unturned in the money grubbing.

How can they be allowed to do a split on a derivative of an index?

I admit I scalp this thing on the one minute charts.

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They say  the market is rallying because US China trade "barbs" aren't as bad as they thought they'd be. 

Are they reaching or what. 

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2 day cycle projection  2905

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3 day cycle projection 2907. 

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2 day cycle projection rises to 2910.  

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My idea of yesterday that stocks would swoon a bit to pump up the newly  auctioned bonds crashes and burns.  Well I suppose the game isn't over yet.

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