aussiebear Posted April 17, 2018 Report Share Posted April 17, 2018 Tentative green moves from most the early openers: Kiwis -0.2%, Aussies +0.4%, Japan +0.1%, Sth Korea flat.Aussie sectors ranging from Gold +1% down to Financials -0.1%. All Ords http://www.abc.net.au/news/business/ Link to comment Share on other sites More sharing options...
aussiebear Posted April 17, 2018 Author Report Share Posted April 17, 2018 http://bigcharts.mar...com/default.asp Link to comment Share on other sites More sharing options...
aussiebear Posted April 17, 2018 Author Report Share Posted April 17, 2018 http://money.cnn.com...s/morning_call/http://www.kitco.com http://www.kitconet....ase_metals.html Link to comment Share on other sites More sharing options...
aussiebear Posted April 17, 2018 Author Report Share Posted April 17, 2018 http://www.engrish.com/2017/11/long-on-top-deformed-in-back/ Found in Osaka, Japan. Link to comment Share on other sites More sharing options...
aussiebear Posted April 17, 2018 Author Report Share Posted April 17, 2018 http://bigcharts.mar...com/default.asp All Ords tried to make a go of it but ended up closing flat. Sectors ranged from IT +0.9%, Gold +0.8% down to Utilities -0.7%.Over in Asia, China -1.4%, Hong Kong -0.8%, Japan +0.1%, India currently +0.2%. UK/Europe up for starters: FTSE +0.1%, DAX +0.7%, CAC +0.3%. http://bigcharts.mar...com/default.asp Link to comment Share on other sites More sharing options...
aussiebear Posted April 17, 2018 Author Report Share Posted April 17, 2018 http://bigcharts.mar...com/default.asp Link to comment Share on other sites More sharing options...
MisFit Kid Posted April 17, 2018 Report Share Posted April 17, 2018 another "magical" night and another day, another GAP up opening in the US pretty much "automatic" over the last few weeks, eh.... 50 day moving, pfffffttt Link to comment Share on other sites More sharing options...
fxfox Posted April 17, 2018 Report Share Posted April 17, 2018 My ass, another few days like this and we gonna make new ATH's. The whole concept of a new roaring bear is based on the conception that the FED will go tighter and tighter and tighter. What if they dont gonna as tight as one may think? Who would have thaught in - let's say 1993 or 2004 or even 2007 - that there would ever be something like QE? QE was the birth control pill of our time. It wingohockingmoyamensinged up every prognosis. Go and ask a statistician about his population prognosis 20 years into the future BEFORE and AFTER the anti baby pill. So right now we think that the FED and later the ECB will drain and drain and drain... till what? Till S&P is at 975 again? Or would 1600 be enough? Extrapolation doesnt work that well all the time. There are more black swans looming around the Corner as one may think and not every one is in favour of da bears. Link to comment Share on other sites More sharing options...
fxfox Posted April 17, 2018 Report Share Posted April 17, 2018 Guess that marks the top Link to comment Share on other sites More sharing options...
DrStool Posted April 17, 2018 Report Share Posted April 17, 2018 2 day cycle projection 2706. Link to comment Share on other sites More sharing options...
MisFit Kid Posted April 17, 2018 Report Share Posted April 17, 2018 My ass, another few days like this and we gonna make new ATH's. That is actually what I meant by the comment 50 day moving, pfffffttt >: I seriously doubt the ECB/BOJ does anything besides continuing with their counterfeit paper printing and virtue spewing, maybe even expanding their definition of what type of assets they can "legally purchase for the benefit of everyone" Link to comment Share on other sites More sharing options...
DrStool Posted April 17, 2018 Report Share Posted April 17, 2018 Seasonal rally. This happens every year in April-May. http://wallstreetexaminer.com/2018/04/us-treasury-spent-114-billion-in-the-last-two-weeks-to-boost-stocks-but-watch-out-now/ Link to comment Share on other sites More sharing options...
DrStool Posted April 17, 2018 Report Share Posted April 17, 2018 3 day cycle projection 2719. However, 2700 is both round number resistance and trend resistance. The proof will be in the putting and calling. Link to comment Share on other sites More sharing options...
fxfox Posted April 17, 2018 Report Share Posted April 17, 2018 fibo cluster at 2703/2707, should contain upmove. If not, gonna go directly to the downtrendline around 2745 by thu/fri Link to comment Share on other sites More sharing options...
I_Am_Madness Posted April 17, 2018 Report Share Posted April 17, 2018 Give it a few more days and see... The positive divergence was forming 2 weeks back. The move last week was confirmation. Now it’s just waiting for it to Peter out. Link to comment Share on other sites More sharing options...
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