International markets traders banter

[notting]

Yes this really happened -
SNAP took a 10% hit last night because this bimbo of kardashian fame tweeted this-

I think I'm starting to hate America. Superficial overconfident celebrity loving tools.
The chicks over there are getting ars implants so their butts are bigger like that fat arse - Kim. A big arse is the worst thing on earth.

Noooooooooo!

Any way, back to SNAP. Buy the F out of it, it could do a FB from here 17.51

 

[notting]

Back on Trend. A stupidly strong trend at that, it's a very average correction of the ridiculousness that kicked in at the start of the year so far.
THAT'S ALL!

 

[notting]

With metal more expensive and North Korea pretending to befriend Trump whilst he has an aircraft carrier docked in Vietnam, maybe shorting some US defense stocks would be a good short term trade!!!!
Remembering of course that the military has just received a big budget boost from Trump, surely however, that is priced in at this point!

Double top?

 

[notting]

This time it closes below the trend.
Some people argue that the 200 day moving average is not important because it often shows no resistance.
I beg to differ.
When it breaks, it tends to stay broken for some time so that is an indicator worth watching.
Will it break this time. It looks like it will all things considered.

 

[kid hustlr]

S&P 500 For Reference

It's just an indicator but it has held pretty strong in the past. Classic Self Fulfilling Prophecy

 

[Joules MM1]

the original members of the Band of Ardent Bears led by Doc Bob are at it...again

https://www.elliottwave.com/Stocks/...rown?sc_camp=0224DB592825464C88A4B91F1C18C2FA

"R-I-P-Bull-Market-What-the-Throw-Over-Has-Overthrown"

 

[Joules MM1]

inside

 

[CanOz]

Some DAX context....

 

[CanOz]

ES Context....

 

[Joules MM1]

ES Context....


View attachment 86857 View attachment 86856

the possibilities are as good if not better of the $es making new
altime high on strong chopped thru-a-cheese-grater distribution and THEN coming back to fill that gap .....how say you ?

 

[CanOz]

Really tough call given we're dealing with an un-confident market that's dealing with a very unpredictable, but yet ever influential "tweeter"...basically.

All i can say for certain is that the low at 2552 and the more recent tweezer top high at 2672 are in play and worthy of decent attention.

 

[CanOz]

If the FDAX can spend some time staging at the current levels, there is a very good possibility of a decent break higher, with decent risk reward available. Mondays being rotational days typically...the break may happen O/N or the following session, if the upper ranges are respected.

 

[notting]

(unrelated to other posts above IMHO)

No. No you're wrong.

It's not bitcoin -

It's the DOW.

 

[CanOz]

As a heads up, oil is getting a good bid...reckon its in anticipation of a reciprocal attack on on Syria. I've got long orders on gold, considering the Bund as well, but i'm staying out of equities until that threat is better understood.

 

[notting]

Oooh. I shorted a few goldies today thinking things might settle down with Xi.
Wasn't thinking much about the Putin put. Probably should have waited till they nuke that cutn in Syria.

 

[Gringotts Bank]

Bear flag forming on CL. WIll take it to the trendline.

 

[CanOz]

Usually these direct advances fail....lets see. It it accepts value just below then then its going higher...

 

[Joules MM1]

another bear!
#spx
for market students this is worth watching for the data points:
http://www.gannglobal.com/webinar/2018/04/18-04-13-Webinar-Invitation-EWI.php

 

[Joules MM1]

1 Draghi speaks
2 zero hedge in rapid rabid fire tweeting mode
3 = meh! ..nothing to see here

 

[Joules MM1]

topped out? hoonoze...

pysho .....undiscovered version of psycho .....