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World Stock Markets Trading Discussion - Regulated range

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But the 5 day cycle oscillator looks really ugly right here. 

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Well, it's past dinner time. I gotta take a ride to the supermarket to pick up a few things. 

Ride down the elevator.  

I love this place. Gonna move here permanently methinks.  

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2 hours ago, DrStool said:

It doesn't look ready to go up either.  Of course your speaking in Hurst Cycle terms. 

Cripes, the Mexican Peso is up 12 of the last 13 sessions. Even the Pound is rising and their entire economy and financial system is hanging on by a thread over a pit that nobody knows is how deep. This currency stuff is beyond this old brain to figure out in any relation to the stock market. Well we shouldn't try I suppose.

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20 minutes ago, Jorma said:

Our friends the giant banks are on fire. C up 4% today.

That‘s why:

The Basel Committee made the market revisions using information from the Committee’s quantitative impact analyses. “Once implemented, the revised framework is estimated to result in a weighted average increase of about 22% in total market risk capital requirements relative to the Basel 2.5 framework.” In contrast, the framework released in 2016 would have resulted in a weighted average increase of about 40%.


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