30y bonds end with a head fake
Bonds end with a head fake…looking for a reversal
This chart was maid on futures, as my last stocks chart direction was short, on futures market it’s unversed.
well, not much to say, end with a very nice head fake, yes sellers are there, but prefer to stay away, since I’m looking to see buyers on futures re-try they move up, or down for stocks charts.
Trading WTI with MoneyMakerEdge
WTI field the gap, what next?
It’s actually great question of what next… for my self, I see not much,than consolidation zone. 102.00 price, with Ukraine crises that was increasing in all media on last 2-3 weeks….since few last days, there was not much anymore to says. No war…and Putin looking to discus with Obama to fix this crisis.
On technical level, buyers was loosing power as they go in gap area, and finish with an unsupported price. Waiting for new signal…so far nothing
Day trading the S&P500 and watching the perfect title wave.
Is the tidal wave building that could be the next market turn?
The middle class is disappearing, we have record student loan debt, underemployment and U6 unemployment, housing market is stalling and
the Russell 2000 is trading at 83 times estimated 2014 earnings.
China, Russia, and the US relations are Chaos.
I am glad that I know how to short this market.
Here is the SPY which is the S&P500 ETF and the major support levels on the way down.
The pattern that could be building is the Head and shoulders. IF we go to the next level of support and then consolidate between these two support and resistance levels this would be giving us a very nice Head and Shoulders pattern. Whether this plays out or not is the difficult question as this is a widely supported QE to infinity market – meaning the Fed will support the market.
Lots of volatility in between these moves. Watch yourself. If you aren’t experienced in these type of markets, it is best to stand a side. Don’t ever risk your capital when you don’t have the experience to support it.