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Posts by "boli mekura"
234
Posts Total by "boli mekura":
229 Posts by Anonymous "boli mekura":
SPX and Gold moving in tandem :)
Reason: ES is testing 1320 break-down zone from late 2008.
Closed another 1/3 of shorts at 88.50 just above mentioned minor support at 88.40
The other 1/3 are runners for a possible meltdown. Of course with trailing stops.
Have a nice weekend all.
Then 88/88.10 and then 85.20
This is what I meant with my comment regarding "who is the majority at risk here".
You answered it clearly: longs are the majority at risk. And a long squeeze is highly likely.
Next support below 90.10 is 89 and then watch out for 85.
Good luck.
@said now you know what I meant.
GL!
Here is something to keep in mind. Good luck:
So it's unusual to be in a situation where the market is near a high heading into the February release of the Payroll Report. In fact, the S&P 500 closed at at least a one-month high before the February Payroll report only two other times - 2/1/01 and 2/1/07. Both happened to lead to losses of at least 5% during the next month.
(source: sentimentrader)
Said, no prob, my friend, I'll do it.
And no need to plant C4 all over the place.