Shortterm pullback in Oil - i have no ambition to trade it further after that. But if this high holds at 82.98 its a near perfect in my opinion place to short heavily with a very tight stoploss abit above 83. Could see 79.20-80 dollar. So about 3 dollar potential.
Guesswork for Nas100 move in the first Quarter 2022. Been wanting, hoping for this for many weeks now. I dont think it will bounce here for another go at 16400+ or new ATH, its finally time to revist 15k again, maybe go abit deeper. Once some kind of bottom formation is formed or i like the price im gonna enter a long position. Prefer not to get burned shorting...
CPI the 10th, FOMC the 15th, all sort of opex until 17th december. Go long at 17th december.
Possible legdown first towards previous top, then up move starting at end of november into december/january.
Nas100 into CPI data, reverse cup and handle and then vshape recovery into us session giving us maybe a nice 4h candle with a big nice wick or doji. The time doesnt correspond on the chart but it would be ugly to cram it all together. If we bounce, its 30 min before US open about
Looks like we might get a 10 dollar drop at end of this week or start of next. What the trigger is i dont know, but anything from FOMC now on wednesday the 16th to Iran sanctions being lifted. If it just keeps eating away time on the clock this gets nullified, if we say stay above 73 dollar on wednesday next week.
Iran sanction news and June seasonals bringing us down into summer and then after summer and start of 2022 we begin the climb with weak dollar.
DAX is riding solo today with two big markets closed (UK/US). On Thursday we have both Initial jobless claims and ADP NFP data coming out for US. I think US indices (sp500) will make a new ATH before thursday. Then on Friday we have NFP data which might cause a drop towards Mays low at the least, since the data is likely to be good this time around compared to...
NFP might print very good next week on thursday the 4th june, compared to last. The FOMC meeting that ends June 16th will have economic projections and we might get info regarding tapering there that could take us down towards 3900.
Im thinking whipsaws from now and whole summer long in nas100. With good NFP numbers the 4th june we should see a drop from whatever level we are at, im betting we wont make a new high until then. Then we have FOMC meeting in the middle of june that ends on the 16th, its not certain but there are good odds we will get information on when FED plans to taper their...
Hey! Could see a 500 point drop here towards 13300 in Nas100 in these coming days and then a bounce towards 14400ish the last weeks of may.
This year has gains in all indices by around 9% thus far. Its not extreme even though it might look it. Still expecting a pullback before the summer or right at the start. Might time perfectly with tech earnings at the end of April, so maybe we go up for one more week and then start to correct the last week of april or first week of may. The combination of Covid...
These never come true, but neckline break would give 666 points upward target :)
Head and shoulders everywhere, weak daily closes.
Weakness in oil ending the week. Should see 63 Brent again and then some ranging. Next week possibly either low 60's or another leg up towards 67.
Nas100 to 13500ish, then what? Test 12500? or make new ATHS