Jump to content

World Stock Markets Trading Discussion - Vagrant vivacity


Recommended Posts

  • Replies 36
  • Created
  • Last Reply

w?s=%5EAORD

 

All Ords still determinedly chugging north with todays close +0.8%.  Not all sectors had gains: IT +2.2%, Consumer Discretionary +2% down to Gold -2.6% and Miners -1.5%.

Over in Asia, China -0.9%, Hong Kong -0.4%, India +0.3% and Nikkei +1.7%.
 

 

On to UK/Europe:

 

image;size=239x110


image;size=239x110


image;size=239x110

Link to comment
Share on other sites

2 day cycle projection 2027 overshot. 

 

If price recovers sets up right shoulder to an inverted h&s with neckline at 2056.  Target at 2110.  IF price recovers to the neckline.

Link to comment
Share on other sites

They pull the rug from under the markets feet to force the FED to loosen their tightening perspectives. I expect more QE redux talk from FED heads.

 

 

Framed as "work with our partners in Europe."  Expansion will also cool off the dollar which conglomerates have asked for at the Fed drive-up window in DC.

Link to comment
Share on other sites

Still holding short trade but signs Crude may be stabilizing here and then there is this to consider:

 

Goldensacks has been behind the curve regarding oil (at least publicly), today we got a 30 dollah ruse from a sacks head.

 

http://www.bloomberg.com/news/2015-01-26/goldman-sachs-s-cohn-sees-oil-falling-to-30-in-extended-slump.html

 

Euro also looks extended on the downside, probably will pause before taking another plunge.  King dollar also pausing its ascent which is supportive of oil prices.

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...