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S&P500 - Analysis and Trading

Re: S&P Analysis


Was pretty weak in Tokyo today, I didn't trade but the usual setup which I would've shorted went well beyond expectations in the AUDUSD, especially for Monday! Probably could've finished the week four days early on that one ... I also noticed Nikkei and KOSPI took a bath while HSI was moving up nicely in the afternoon session.
 
Re: S&P Analysis

If there are certain things you don't understand, just ask and will try and put it in more simple English.
Thanks MRC I only just noticed that response.
It was just a little bit of a joke. I think I understand most of what you guys are talking about, though I am prone to self delusion!!
 
Re: S&P Analysis

What was up with that? Just a squeeze? USD/CNY got pegged much higher today but that was in the morning fixing.

Probably the same evil market manipulators who are moving up everything else today.

But really a nice setup for a squeeze. Arvo open lower, three pushes down, each a little less range than the last. Then Euro markets opens down but not much. Boom poor old daytraders stuck the wrong side and too slow to see it.
 
Re: S&P Analysis

Now up over 3% since the 6th of March and looking like going for more .... 4% will bring it to around low 1390's ...... 5% would take it to around 1405 ish

Just watching with interest at these altitudes ..... The next "Batman" trade could be a real cracker
 

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Re: S&P Analysis


IMO another 10%+ selloff isn't really a probability until we get above 1430 - 1440
 
Re: S&P Analysis

What a night. Can the US really be on the road to recovery? Or is it one of those market always rises on election year thing?


The Lisa Simpson trade weren't so bad either

 
Re: S&P Analysis


Batman returns?



You'd think it goes back to test 1400 before the real down leg... but who knows.
 
Re: S&P Analysis

Batman returns?

You'd think it goes back to test 1400 before the real down leg... but who knows.

Its only a pint sized Batman, but they eventually morph into bigger ones

Shorts are being well squeezed tonight ......

Areas of interest ....... 50% squeeze back to 1385 ish over the next couple of days

Low push down to 1345 ish ....... Up towards the end of the month if it bounces off the lows.

Under the old lows .......... start looking for a reverse Batman
 

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Re: S&P Analysis

I agree with the possible batman, perhaps, by the neckline Robin may appear
 

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Re: S&P 500

Thought i would update that US China index comparison...

I know how Pro China Notting is....thought he would appreciate it....

CanOz
 

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