35854 replies to this topic

[Mad Max]

CFR, SAB, NPN and Billies all make up a big % of the Top40.
Our Rand has strengthened.

Thanks Argento  and Sam . Yes I see these big hitters are in the red. I guess once they start changing "blue" (IG joke) we should see the turnaround !

[Sunesis]

Some markets are still lagging the S&P and Dow

FTSE is also lagging.

 

But when we finaly start pushing up, the will be no stopping the train

 

It's a game of patience now.

[Sam]

Seasonal impact..next week bullish again and watch us catch up!
 
A

CFR, SAB, NPN and Billies all make up a big % of the Top40.
Our Rand has strengthened.

[Argento]

I don't understand why we are falling..??? We should be going up like the east. Any ideas???

Seasonal impact..next week bullish again and watch us catch up!

 

A

[Argento]

If 40200 breaks we could see 39800

Is possible she might go and touch the 5H 89 again (40300ish futures) but I expect her to hold there!

 

Monday the green wave is coming...or maybe this afternoon already as per S!

 

A

[Mad Max]

I don't understand why we are falling..??? We should be going up like the east. Any ideas???

[RBM]

Naspers falling well market follows

[Redeemer]

Thanks A!

Some cute knowledge that seperates the men from the boys

 

To add here...the DOW never puts in a top if it reaches a square level like 16 000 or 17 000, it always goes past it for more or less 300-400 points and then corrects, same with buying equity stocks that trades at 100, 200, 300 levels!

 

Something to remember!

 

A

[RBM]

If 40200 breaks we could see 39800

[RBM]

Divergence on the 30min chart looks good for downside move

[OceanWalz]

I dont think we will be stuck between S1 and R1 today. One must break.

The momentum says to me R1 will break.

 

We have our demad zone at 39800 and supply at 40600.

 

The war is on.

I like the use of your Demand and Supply zones - bec it gives the more realistic image of a cluster of fear or Demand instead of a thin horizontal line of a S1 or R1 etc- also idea of several participants standing on their belief on a zone and willing to let go and others wiping out that zone and speed up of buy/sell as one approach the centre of that zone

 

- just hope we dont break down the S1 zone ,  thought 9 am down candle was S1 tested and hopefully not to bes tested again today?

[Plasma]

No argument with the east this morning.....


Had a limit on my long last night...pitty....but did score 30 points.


Ito IGM we are 0.57% up....now yesterday the 0830 spike down did not trigger my order....


Contemplating taking a long now and put in 2 orders and see what happens....first some more coffee...

And just before I could do that, my boss walks in ....only see him twice or three times a year....MISSED EVERYTHING

[Argento]

If you believe S&P and Dow will hit 1800 and 16 000 today, then go long.

To add here...the DOW never puts in a top if it reaches a square level like 16 000 or 17 000, it always goes past it for more or less 300-400 points and then corrects, same with buying equity stocks that trades at 100, 200, 300 levels!

 

Something to remember!

 

A

[Beorn]

With Yellen being the most dovish of all, I think sticking with the trend will be the safest trade.

 

The big boys will know of any trouble (caused by QE) long before we do, and they will start to close positions before we know what is going on, we might think it another buy the dip scenario, then the news will break and the crash commence.

 

This is just my worst case scenario, so I'm going to continue sticking to the trend.

[Sunesis]

If you believe S&P and Dow will hit 1800 and 16 000 today, then go long.

 

[Sunesis]

I dont think we will be stuck between S1 and R1 today. One must break.

The momentum says to me R1 will break.

 

We have our demad zone at 39800 and supply at 40600.

 

The war is on.

[@sirgrantfleming]

1st Dip Bought 40300

+1

[OceanWalz]

Markets which end higher during the cause of the day, open with a dip.

If you looked at the past high highs we made the past 5 weeks, we open with a dip.

 

S&P and Dow opened with a dip yesterday.

 

To put it in reverse, yesterday we oped with a high and closed lower

Point taken! so green from here hopefully - I mean the 40600+ on T40 and 40800/4100 should be the direction 

[Argento]

Markets which end higher during the cause of the day, open with a dip.

If you looked at the past high highs we made the past 5 weeks, we open with a dip.

 

S&P and Dow opened with a dip yesterday.

 

To put it in reverse, yesterday we oped with a high and closed lower

Classic example of seasonal bearishness prevailing this week..we just start out of the tracks and then reverses...actually very bullish and is consolidation for the new bull leg coming...

 

Monday we should be on our way north doing catch up!

 

Got a 15 min bullish cross in the making so patience the name of the game here.

 

Added more longs too with this dip!

 

Go Bulls!! (Not the Blue bulls)

 

A

[Sunesis]

Hi S, why would we drop on opening when US reached all time highs and more fed money to cpill onto our shores etc?

Markets which end higher during the cause of the day, open with a dip.

If you looked at the past high highs we made the past 5 weeks, we open with a dip.

 

S&P and Dow opened with a dip yesterday.

 

To put it in reverse, yesterday we oped with a high and closed lower