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If At First They Don't Succeed 8/18/20

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No. It did not. Maybe on your Macau based spread-betting plattform 😂😂😂

What does this hourly chart of the ES futures tell us?

Well clearly, we're playing for all the marbles here. This is a huge consolidation pattern on the hourly bars. It looks as though a breakout would trigger a huge move.

But watch out. If they get through 3388 there's resistance at 3393. A reversal there that returns the price below 3388 could be a huge break for the bears.

But if they go through that? Ah! That's the key. Then we're looking at about 3406 by the end of today.

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Where would You Put Your Money?

MA ribbons are pointing up and It's just the beginning.

I would add more Gold once we get the correction starting in September. Gold should make it to $2100-$2150 by then


SPX or Gold, GDX?


Gold spx August 2020.png

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1 minute ago, aussiebear said:

All Ords looking extremely bullish to me .. major breakout about to happen?



Trade war with China?

Will Australia go with USA or China?

It could Be 

A Up 

B Consolidation

C break up Or Break Down


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Trade war with China already happening ..




China has launched an anti-dumping investigation into Australian wine exports, as trade tensions between Beijing and Canberra continue to escalate.


Wine is the third Australian industry to be hit by China this year, with beef and barley exports already facing trade sanctions.




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8 minutes ago, aussiebear said:

Trade war with China already happening ..



It's Just the beginning and it will extend to many other things.

It's not going  to end until there is a clear winner.

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