Would dream of even attempting the HS. Do you trade it EOD or just ID? I'm sure you've said this before somewhere.
Cheers,
just intraday. If I get the urge put on a swing trade, I'll generally do it on the spi.
Once you get used to the way it skips around, the HSI is great to trade. But it's definitely something that needs to be watched live for a little while before attempting
Dow Jones - Don't know how technically correct the chart is, but it looks to be running out of steam or rounding over, & nicely within Fib ranges? Data out the next 2 days might tip it over maybe?
I'm beginning to wonder if NY being turned to glass wouldn't be viewed as extremely bullish... providing the Fed held rates that is
The funny thing with the whole business is that a bunch of analysts come up with some figure - say company profits - which had been in double digits for previous periods, and set it at a low value so that even when profits come out in the single digits ie profits are going down, it's viewed as a positive outcome because it bettered their estimate and the sp & indexs go up.
The economy is getting smashed & the financial Nero's are still playing the same tune.
Breaking News...
It was revealed today by the Dept of Labor that 1 in ten people still have a job and that average earnings had not reduced to zero as previously projected. Wall street surged on the news to make another all-time high of 135,128.
In other news, the Dept of Propaganda released the following decrees:
"Ignorance Is Strength"
"Freedom Is Slavery"
"War Is Peace"
"Black is White"
"Up is Down"
Wall street analysts reveal that this government initiative may propel the Dow to over 500,000.
Reuters.
Bullish!!!! lolmust be nearly time to get the beer suit on...
disappointing Walmart sales figures & US trade gap widens sharply
Great call UF. I hope you were on it.Dow Jones - Don't know how technically correct the chart is, but it looks to be running out of steam or rounding over, & nicely within Fib ranges? Data out the next 2 days might tip it over maybe?
and heres a harmonical one for the Dax - great stuff them harmonics, haven't had time to get my head around them yet unfortunately but why bother when people produce this!
yeah it looks impressive hey! thats the Carney stuff Prof - think that one is a bearish gartley or something like that - all based around fibs (I think - but don't quote me, I have to read that stuff yet too!)
theres 3-4 guys over there who have it sussed. the one below - he's coded an indicator up himself into MT4 that helps to spot them
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