Tagged "DAX"
Two cents:
- The red day today violated the 7 Days Rule, so it added some credit to my big picture evil plan.
Pullback as expected today, but the size is not big, so bulls are in better shape. However, there’s one more test bulls need to pass tomorrow:
- We all know, due to the company sponsored 401K money, usually the very first trading day of every month is very very bullish.
SHORT-TERM: MORE UP AHEAD
Four things I’m relatively sure:
- Should be more up ahead. SPX minimum target 1293 to 1310.
- 12/19 lows will be revisited.
SHORT-TERM: COULD SEE PULLBACK AT LEAST TOMORROW MORNING
Two cents:
- May see pullback at least tomorrow morning.
- The market is not out of the wood yet, dangers are still high it would sell off given the fact that Euro still looks weak.
SHORT-TERM: A TOP OF SOME KIND COULD BE IN
A top of some kind could have been in, need see whether SPY could make a higher high tomorrow to confirm of course. [Read the Rest]
...SHORT-TERM: IN WAIT AND SEE MODE
First of all, for December and Christmas Seasonality please refer to Trader’s Calendar on the top right corner of the main page. [Read the Rest]
...SHORT-TERM: NOT SO BRIGHT
The bigger picture, maintain what I said in 11/25 Market Outlook, short-term, could see a sharp rebound (which is indeed), but at least the 11/25 lows will be revisited eventually. [Read the Rest]
...SHORT-TERM: IN WAIT AND SEE MODE
Nothing to say today. Seasonality is very bullish tomorrow, INDU up 8 of 9 since 2002, but chart pattern still argues on the downside, especially DAX. [Read the Rest]
...SHORT-TERM: IN WAIT AND SEE MODE
First of all, if you had posted lots of links to your own blog here and in the intraday forum, please refrain from doing so. [Read the Rest]
...SHORT-TERM: IN WAIT AND SEE MODE, BEARS NEED A BIG DROP DAY
Nothing to say today, the pullback wasn’t strong so no smell of bears yet. [Read the Rest]
...SHORT-TERM: IN WAIT AND SEE MODE
No new stuff, everything goes as planed (insert evil laugh here…), so still the same chart as that of yesterday. [Read the Rest]
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