Who knows Gartley? Does this harmonic pattern fit the DXY here? The Euro looks a little oversold here to me.
Either we just overshot here or we're going all the way. Last cycle fib extension worked perfectly. Thoughts?
Who knows, but I'm guessing volatility on the ASX will be less than NAS or SPX!
Thin volumes, over night gap ups driven on Fed juice. Risk premiums appear to be low, put/call ratio dropping. What could go wrong??
If something big goes bust, yields could spike and send it all down to cover margin calls
Short squeeze maybe all time highs then eventually someone big goes bust, yields spike and we head for new lows.