35854 replies to this topic

[Sunesis]

We dont need to catch up anywhere.

First chart is 5 year chart of Alsi (White Line) compared to DJ (green line)

Second is of Alsi and SP

Alsi is now @ just about the same level as SP.

Based on your charts, the Top40 likes to get ahead then later comes back to earth. Right now its on the same line with S&P.

Guess the deep correction was to get back to earth one.

 

Since we are back with the S&P, which means 41500 might be the top if S&P will hit 1830 then move down.

Goldman Sachs sees S&P 500 Falling 10% Next Year Before Rally to 1,900

So all rallys are limited if we have to follow what Goldman are saying.

 

Maybe the last rally will be after the FED decide not to taper on Dec18th.

If they do taper then the party stops. 

Smart Money are already short. 

Greed and Seasonality is driving us up now.

[Argento]

S must be small bounce we just saw, just kidding

A 39660 alsi if not stopped out first, moved stop to 40170 short from 39174

Thanks

 

39660 futures?

 

A

[Sunesis]

We dont need to catch up anywhere.

First chart is 5 year chart of Alsi (White Line) compared to DJ (green line)

Second is of Alsi and SP

Alsi is now @ just about the same level as SP.

Jakes i like these charts, may you send them to me on skypename: shonimaze

 

Thanks

[Tech Trader]

Sorry short from 40174, in meeting

[Sunesis]

BOE Governor Carney doing his best to ruin the FTSE party....

FTSE will be capped at 6700 for now. 

Come December 18th, then the party will start again

[Tech Trader]

S must be small bounce we just saw, just kidding

A 39660 alsi if not stopped out first, moved stop to 40170 short from 39174

[Argento]

We dont need to catch up anywhere.

First chart is 5 year chart of Alsi (White Line) compared to DJ (green line)

Second is of Alsi and SP

Alsi is now @ just about the same level as SP.

Maybe catch up on new highs!

 

A

[Sunesis]

Bought the dip 40073

 

Target 40200

Maybe by the close today

[Beorn]

We dont need to catch up anywhere.

First chart is 5 year chart of Alsi (White Line) compared to DJ (green line)

Second is of Alsi and SP

Alsi is now @ just about the same level as SP.

Attached Files

•  Alsi vs DJ.jpg   64.98KB   5 downloads
•  Alsi vs SP.jpg   62.1KB   4 downloads

[Argento]

Tight stop on this trade, need 10 min then 15 min rsi to break below 50 Horizontal for trade to pan out, macd set up correctly

Target for your short?

 

Chubs, you also spoke of a retest, what is your points? I got 39884 (futures) for a retest and confirmation of an inverted H&S!

 

Tx

A

[AJS]

I really have a feeling that low volumes is all that is saving us @ the moment.

 

Yeah, this move is not convincing.  And BHP, SOL, NPN and AGL are driving this push.

[Beorn]

I really have a feeling that low volumes is all that is saving us @ the moment.

[Tech Trader]

Tight stop on this trade, need 10 min then 15 min rsi to break below 50 Horizontal for trade to pan out, macd set up correctly

[Magic_Matt]

Excited for the results of the re-test.

[Tech Trader]

Thanks

[Tech Trader]

Shorts stopped out at 39240

[Tech Trader]

Sold longs for 980 points entered short at 40174

[JBlack]

BOE Governor Carney doing his best to ruin the FTSE party....

[RBM]

40300 here we come

[Sunesis]

I'll get in long when she makes a return move next week!

 

Playing short now is just too dangerous!

 

Still think we are busy with a top pattern, once she hits new highs in December we will have negative divergence on the weekly macd and a catalyst for big corrections..first leg down starting January!

 

But again...seasonal trend prevails...my leading indicator!

 

A

I cant wait for that 10-20% drop, my bear hat will be on come January to July

 

Season is a leading indicator. That's my trading secret. That's why i don't short markets from October to January.

Shorts start after March. January to March will be wobbly.