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aussiebear

World Stock Markets Trading Discussion - Jaded journey

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All Ords 5-day chart

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

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

 

All Ords finished the day flat with sectors ranging from Utilities +0.9% down to Energy -0.9%.

Over in Asia, China +1.3%, Hong Kong -0.1%, Japan +0.1%, India currently +0.9%.

UK/Europe just open: FTSE +0.3%, DAX -0.1%, CAC +0.1%.

 

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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And now we are effed: A dovish FED together with exploding NFP‘s.

Forget it. As long as the orange tan man is Pres there wont happening much to the downside. That guy would extinguish  the FED if he thinks it is necessary:

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39 minutes ago, fxfox said:

And now we are effed: A dovish FED together with exploding

Words are cheap. It doesn't matter who the president is. That's just a sideshow. For entertainment purposes only.

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3 day cycle projection 2718.  

5 day cycle projection 2724. 

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Some historians think that Chamberlain was just buying time for the Brits to prepare for war. 

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5 minutes ago, DrStool said:

Some historians think that Chamberlain was just buying time for the Brits to prepare for war. 

And sometimes people think that other people are smarter than they actually are 😂

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3 minutes ago, fxfox said:

And sometimes people think that other people are smarter than they actually are 😂

Makes me wonder if the current administration is doing the same thing with North Korea.

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16 minutes ago, DrStool said:

Some historians think that Chamberlain was just buying time for the Brits to prepare for war. 

There is probably something to that.  Mixed with hope that the worst wouldn't happen. The establishment always presumes the worst won't happen. 

If your alluding to Powell and the Fed I'm not seeing it. Wednesday's surrender was totally unnecessary. The stock market had come way back up and the economic numbers are just fine. Sure there are questions about that going forward but there always are. Easy for me to say when the entire world demands ease. On every political question you can ask one third of Americans are for it and one third against it. Except more money. 99% want more money. The wars over. 

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S&P500 should be hitting the 50-day MA average around 2741 by next week. RSI is getting extended. MACD still had a bit to run. That should be a make-it or break-it point. Looking forward to it.

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