Australian (ASX) Stock Market Forum

S&P500 - Analysis and Trading

Re: S&P 500

important day up, imo...goldman doing some large buys into the close...volume finally picked up albeit still thin..but breadth good.....rut made extensive percent move over majors.......bkx/xlf up strong too......
 
Re: S&P 500

if there's a real bullet for the bull phase then it must be (dx)us$ ........but it remains unable to eject itself from the slump......once it does, watch out below of the indecies.......atm each news spike on the us$ is quickly and appropriately covered.......well, if youre on the long side of equities
 
Re: S&P 500

upside and current res......this monthly view looks bullish thus far if you take out the current hoohar about thin volume and replace with strong breadth ...........the rut made all the ground and fins strong.......the us$ remains weak and def the roger ramjet if it goes off into stellar mode
 

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Re: S&P 500

i think its possible to get a direct squwak to the pit, I remember seeing it in a John Carter vid

Yeah, think it's through TTN (Propex has it if your there in S&P hours), the guy is so damn funny, but I've never found much help from it........

(It's only to S&P pit though, think diff feeds to diff pits).
 
Re: S&P 500

Anyone with thoughts on the S&P performance (pretty much on its highs) of the last few days as the USD has appreciated?
 
Re: S&P 500

Warning - Ramblings to follow,
Seems to me some relationships are breaking down.
US bonds (ZB) have been going up for 5 days but so has the ES.
USD went up in the last 36 hours but so did the ES.
Oil and the ES are roughly lining up though. Oil climbing. MrC happy..:)

The ES is in a trendline up since around the 3rd of Nov.
Any item of bad US news is being treated as a buying opportunity 5 minutes after the news.
Im looking closely for 'top volume' in US stocks and etfs but nothing definite yet. Drys took a dive last night but not sure why. Maybe or maybe not an early indicator.

BHP and RIO out of control, due to oil and commodities. AUS banks have had a bad run the last few weeks but yesterday I thought they may have hit 'bottom volume' and may climb. Hence the spi feeling bullish today.

K200, stw, hsi being supported by dip volumes.

Finally Japan has been in the pits for a long time, and it seems to me like the dips have been bought on japanese charts for ages but no real response. I think its been accumulating for ages and may pop. Way overdue.

So I think the ES is still going up gradually along its trendline, but the rising bonds and usd are a worry.
 
Re: S&P 500

Seems to me some relationships are breaking down.

Timmy, think this is the main thing that explains it. Due to the time of the year and the fact, particularly, that around this time, many funds close out their books, no specific date, but many do so going into late November. So you don't get as much paper in the market, and subsequently, many locals do less churn volume as there isn't much happening to try go for.
 
Re: S&P 500

I think the markets are pissed off at that Japanese bank trying to raise 11b because of its stuff ups. Nikkei down 250+ and its dragging alot down with it.
ES down 10 so far and volume isnt stopping it yet.
 
Re: S&P 500

I think the markets are pissed off at that Japanese bank trying to raise 11b because of its stuff ups. Nikkei down 250+ and its dragging alot down with it.
ES down 10 so far and volume isnt stopping it yet.

Another leg down, back under 1100 again now.
 
Re: S&P 500

The Bank of Israel raised rates by 0.25% yesterday. Not necessarily indicative of other central banks' imminently raising rates (I would think), but important for what the considerations were in raising rates ... and therefore maybe what other central banks will be considering.

The main considerations behind the decision are in yesterday's Bank of Israel press release (down the bottom).
 
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