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aussiebear

World Stock Markets Trading Discussion - Zombie zone

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All Ords 5-day chart

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

 

All Ords looks like it's gathering strength to make another try for resistance.  The index closed -0.2% with sectors ranging from Gold +2.8% down to Energy -2.7%.

Over in Asia, China -1.1%, Hong Kong +0.2%, Japan -0.6%, India curently +0.5%.

UK/Europe open and heading up: FTSE +0.6%, DAX +0.3% and CAC +0.4%.

 

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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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Fed day and don't forget 11/28 where they made up a story about what Powell said in a speech and the S&P went up 60 points.

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2 trendlines converged at 2575 in  the 10-11 hour. Interesting that the market stalled there.  It's not over till it's over, but it's interesting. Stay tuned. 

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1 hour ago, DrStool said:

Looks like everyone's betting the Fed will come out super dovish. 

The only surprise can be some words that are sold as dovish.  Replacing a semicolon  from the last statement with a comma may do it. There is no possible way they will use any words that implies more 'rate increases' or more or faster "normalization".  

Of course Powell will have to answer questions and he could make a mistake there.

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