Updated

SPX Monthly.

An ominous sign of real uncertainty that hasn't happened in a long time.
Maybe SPX price will not eventually cross green Kumo cloud and support will come from e.g. EMA100 on the monthly chart and later a reset market will show growth.
But tearing up from here is a very precarious position.

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So FOMC have proven to be good exhortants and have refused to show the whole picture that many people know about.
This is the situation where the market wants a good thing so much that it is given a good thing like a present to a three-year-old child.
A correction scenario could be in effect as high as 4200 points.
In case there is a consolidation at 4200 - cancellation.

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As long as there is long cheap money, volumes allow you to pump substantial money into an asset.
In 2016, volume did not move to the bearish side on the 3-day chart. It was only a touch and bounce.
But there are times when the bounce is very weak and the line is re-released to zero and then the volume goes into the bearish half.
How will it be this time...

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Curious nuances.
1. Gap up with volumes.
2. Gap up without volumes.

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youtube.com/watch?v=_MRa5BWPRSQ

I have just discovered Peter Eliades. Listen to his reasoning.

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Ok, Peter expecting a drop on the 21st?
Here our russian dictator will be speaking at 12 noon on the 21st on Monday.
An address to the so-called "Federal Assembly", in reality of course this is a completely different organisation which portrays as a statist real authority.
So that's where Putin will be speaking, addressing both the Russians and the international community.
That's where he might again say something about nuclear weapons, war and other nasty things.
#blackswan

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The market is reacting rather sluggishly
to Russia's withdrawal from the START-3 treaty.
Is the start of an arms race a positive development?

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U.S. Secretary of State Antony Blinken called Putin's move "deeply unfortunate and irresponsible".

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I'm starting to look at methods that are new to me.

averkie_skila

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averkie_skila