No comment.
Sell side has triggered on the NDX.
Was a nice rally but I expect downside pressure will eventually give way to at the least a 50% retrace back towards the current bear market lows.
Too bad the spread is $20 now...
Another commodity to add to you baskets. Long term reverse h%s , ATR starting to trend up for the first time and by the end of the year we are coming up to the crazy monthly downtrend resistance.
The potential for a very big move has developed. The stage is set and FED has provided. If we can target this 3400-3600 range for the first quarter of 2020 and hit everything on the mark our job for the year is done as a money manager. We can then switch to improving our basket of commodities once opportunities present themselves later in the year. Coffee and...
Macro GBPUSD idea. There is long term structure that may have just ended and a major trend shift might be starting. I am holding long with a stop @1.25
The most beautiful of all precious metals, silver the very thing that got me interested in the markets in the first place. I have ignored my precious. But no longer. My custom buy/sell code in work here. If you download my strategy script you wont be able to duplicate this exactly.
Markets imitate life, life imitates the balance between good and evil. We walk forward into Q1, current market structure, sentiment and timing.
I am being very cautious until we have the all clear Wednesday.
Merry Christmas! Lets get that one last FOMO pump into the New Year! God Bless :)
Saw something on the chart, just having some fun. Lets see where gold ends up going 3rd quarter of 2020.
After struggling all day I believe we have confirmed this will be down week for equities.
This is best I can do for now. Example of settings for STEM + MATCS.
Take your longs off the table from my previous DJI idea and look to short this market.
I spent some time to redo a back test for LTC using my strategy on a shorter time scale.