“When you become comfortable with uncertainty, infinite possibilities open up in your life.” – Eckhart Tolle
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Jan 28, 2021 • 5 tweets • 1 min read
Keep an eye on $YM_F today. As discussed this has been our favorite short for a move back into 29570. Like most other indices, we are approaching 'stretched' levels and if longs can't hold these, then we enter a config where we say 'any new low possible on the day'.
To be cleared, it's not even a flesh wound yet. The comment is based on recent ranges and location.
Nov 3, 2020 • 8 tweets • 2 min read
Despite the fact that there will be a host of talking heads, brokers and gurus running election specials, it doesn't mean that you will actually have any edge or that it's worth pulling an all nighter.
Keep in mind that the vast majority (and I am being kind) of these shows, webinars and services are not going to be making bank trading but rather by selling services, trading commission or advertising revenue.
Markets refusing to price in any possibility of US-China escalation.
Attitude remains, 'à la Chuck Price'. Just another round of musical chairs... nothing more nothing less.
Aug 7, 2019 • 8 tweets • 2 min read
$ES_F now that the 2800 confluence with the 200dma held, keep an eye on action around this 2880 mark. As discussed, this is likely, the bull/bear line for a move back higher. Today's daily close is going to be KEY.
Remember that during all these recent ramps/strength, the $RTY_F has continued to lag and has remained a reason for concern. It remains a key piece of the puzzle and formed part of our thesis to play for this correction that just took place.
Into NFP #Forex#Futures#Markets > 50pipsfx.com/2019/03/08/int…
notice how pure the reversal is on the $SHCOMP holding inside the zone (see blog post)... very technical, will be interesting as we close the week and head into OpEx
Feb 28, 2019 • 9 tweets • 3 min read
russell still the one to watch...
was the tell on the move down and the only one still holding the original bull/bear pivotal levels we were discussing last year
going into the fomc minutes, we remain focused on fang and the current stalling action...
another way to look at it is through the nq and daily closed above/below the 200dma. still protected and only able to close above in monday holiday trade. post fomc minutes will be key