jp6 Posted June 12, 2020 Report Share Posted June 12, 2020 It's not over yet. If the market sell off like 2019 V shape recovery then long term it will be bullish. My bet is Nasty will go up, Book play from Y2K Link to comment Share on other sites More sharing options...
specie Posted June 12, 2020 Report Share Posted June 12, 2020 delusional Link to comment Share on other sites More sharing options...
Jorma Posted June 12, 2020 Report Share Posted June 12, 2020 3 hours ago, DrStool said: Should be trillion. I did it twice. Should read. How much more? The TBAC said that $84 billion in Treasury coupon paper (notes and bonds) will settle at the end of the month. It didn’t give details on short term paper issuance, but it projected $2.68 trillion in bill issuance for the whole second quarter. $2.25 trillion has already been issued or scheduled through June 16. With the first stimulus mostly spent and the Treasury with $1.4Tn in its account, why is it going to continue to borrow at the $400bn/month rates. While another round of stimulus is surely coming until the ink is dried why would the Treasure continue to borrow so much? Link to comment Share on other sites More sharing options...
specie Posted June 12, 2020 Report Share Posted June 12, 2020 already got your .38 retrace this morning, now what? Link to comment Share on other sites More sharing options...
DrStool Posted June 12, 2020 Author Report Share Posted June 12, 2020 19 minutes ago, Jorma said: With the first stimulus mostly spent and the Treasury with $1.4Tn in its account, why is it going to continue to borrow at the $400bn/month rates. While another round of stimulus is surely coming until the ink is dried why would the Treasure continue to borrow so much? Campaign war chest. Link to comment Share on other sites More sharing options...
DrStool Posted June 12, 2020 Author Report Share Posted June 12, 2020 12 minutes ago, specie said: already got your .38 retrace this morning, now what? I've seen retraces stop at .50, but can't really recall anyting stopping at .38. Link to comment Share on other sites More sharing options...
specie Posted June 12, 2020 Report Share Posted June 12, 2020 only things bouncing are complete garbage...no volume either Link to comment Share on other sites More sharing options...
jp6 Posted June 12, 2020 Report Share Posted June 12, 2020 If Gold takes out 1755 then breakout from consolidation. Next week is Scam week, It won't surprise me to see 3k on spoon. Link to comment Share on other sites More sharing options...
DrStool Posted June 12, 2020 Author Report Share Posted June 12, 2020 In case you weren't aware, the 200 day MA is where the pullback stopped. If this drops below 2966, I'll stick my neck out and make the call for a new low. Link to comment Share on other sites More sharing options...
specie Posted June 12, 2020 Report Share Posted June 12, 2020 That bounce was perfectly pathetic AND ITS OVER Link to comment Share on other sites More sharing options...
jp6 Posted June 12, 2020 Report Share Posted June 12, 2020 “When The Whole Daisy Chain Unwinds” https://www.realvision.com/shows/the-interview/videos/when-the-whole-daisy-chain-unwinds?utm_campaign=2020612_alert_video_leads_interview_capture_1_standard&utm_medium=email&_hsmi=89358790&_hsenc=p2ANqtz-9xFDIgkdnxZq3hPTyIn2XGOPxWgV7xI9a98P58NkFkuYu9CpM-jyb0VATUWcILlxXW_vqWSop4ljtmNGGruFRiB9OihQ&utm_source=leads_interview_capture Link to comment Share on other sites More sharing options...
fxfox Posted June 12, 2020 Report Share Posted June 12, 2020 😂✌🏻 Link to comment Share on other sites More sharing options...
PullMyFinger Posted June 12, 2020 Report Share Posted June 12, 2020 For those of you with a perverse death wish like me that often like to trade shorter term charts, anyone have anything much different for today? 15M ES. Link to comment Share on other sites More sharing options...
specie Posted June 12, 2020 Report Share Posted June 12, 2020 i have no short term ability at all but dow gold ratio will be 1 Link to comment Share on other sites More sharing options...
jp6 Posted June 12, 2020 Report Share Posted June 12, 2020 6 minutes ago, specie said: i have no short term ability at all but dow gold ratio will be 1 I think it will be lower then that. Link to comment Share on other sites More sharing options...
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