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World Stock Markets Trading Discussion - Harried harmony


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All Ords 5-day chart

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

 

A couple of attempts by All Ords to rise above it all but to no avail.  The index closed flat with sectors ranging from Consumer Staples +0.8% down to Energy -1.3%.

Over in Asia, China and Hong Kong +0.5%, India currently -0.1%.

UK/Europe charging out of the starting gate: FTSE +0.8%, DAX +0.4%, CAC +0.3%.

 

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

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

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Let's see if they can get it past 1940.  I'm agnostic. I still say watch the China trade deal for possible failure. The total information blackout on the sanctions against China for buying Iranian oil, May 1, continues. I'm not expecting failure as in it  being likely. Just saying it's possible.

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4 minutes ago, DrStool said:

Potential failed up move in  the megaphone pattern that has formed on SPX on the intraday charts this week. 

Well, ah, I'm keeping the party hats in the closet. I was just thinking if there was ever a moment to be a contrarian this is it. I'll probably be thinking that at 3100 too. 

I suppose the jobs number was really joke this time. I saw mention a gigantic adjustment in the birth/death thing was cooked in.

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