Jump to content

Gap and Fill or Gap 'n Crap? 3/23/20


Recommended Posts

On Friday I observed from the charts that if they didn't let the S&P fall below 2300 In the last hour that there would be a huge gap below it on Monday morning. Well here we are. 

Is there any coming back from this? I don't think so. Obviously at some point this morning or this afternoon they will try. But if they fail this will continue. I won't say it'll get worse. How could it get worse than the worst in history? 

Link to comment
Share on other sites

  • Replies 119
  • Created
  • Last Reply

Fucutures need to get to 2263 to fill gap and break through resistance.  Then could quickly fill to 2375. The PPT is working in a vacuum now while NY is closed. The tidal flow returns at 9:30. 

tvc_e20e108a0924be682badac1d269e12d4.png

Link to comment
Share on other sites

Doc,

could you report a chart with bonds/bills - the one that shows how fed destroyed t-bills market?

 

I want to show this to people in FX in Poland. Polish NBP last week started first QE in polish market history. Today traders are saying that NBP is making the whole matter worse.

Link to comment
Share on other sites

2 minutes ago, Jorma said:

It seems the proposal for unlimited  unsecured credit,  or secured with a wink and a nod, for corporations is meeting some resistance from team D.  They will fold.

I need smart people to explain to me how this doesn't result in extremely high inflation, if not hyper. 

Link to comment
Share on other sites

1 minute ago, DrStool said:

If you don't hear from me for a while, it's because 20 feet of stone have fallen on me and I'm dead. 

Now you know. 

Didn't you say your walls were 3 feet thick. They have been standing a long time. Presumably thorough many quakes.

Link to comment
Share on other sites

Archived

This topic is now archived and is closed to further replies.

  • Tell a friend

    Love Stool Pigeons Wire Message Board? Tell a friend!
  • Recently Browsing   0 members

    No registered users viewing this page.

  • ×
    • Create New...