In light of all the speculation about Europe & Eastern Europe… (you may pick multiple answers) Which Euro/EE countries are most likely to get HORSE-NUKED? England Ireland France Spain Germany Switzerland Italy Poland Czech Republic Ukraine Denmark The Netherlands Norway Finland Hungary Slovakia Romania Austria Belgium Belarus Current Results You must look at Gio’s post [...]
I’m looking at the futures and I am wondering how many times we can gap down and recover above 820. I’m guessing not too many. We need a clean cut through, like a scorching knife through butter – a gap down that is unable to fill intra-day, you know…one of those “OH SHIT!” gap downs. [...]
Looks Pretty: I was twittering all day that we were forming a symmetrical triangle, then an ascending triangle. The breakdown of the triangle set off a cascade down from 12:30PM to 2:00PM. And then, from 2:30PM till 4:00PM, many people got mauled. It is a fact. Just when you thought that the market was going [...]
Looks like the financials led the market. Down. As much as traders want to be all gung-ho long and everything, it’s important to keep an eye on the weakest sector. Take a look at C, JPM, WFC, BAC, and many smaller names. They all broke their uptrends. C, especially, formed a breakaway gap down on [...]
Watch for a bounce off of 880 on the SPX. If we slice through and breakdown from here, then we’re looking at 860 (again). The financial sector is already breaking down. That will be my focus for today.The market will not be able to sustain a rally without the financials. ———————————————— MORE PPT REQUESTS: John [...]
I’m probably the only blogger that didn’t put up a post on The PPT yet, so here goes. This review is entirely my own opinion of The PPT. 99% of trading products that are sold are total scams or simply do not work. This post is in response to the people who think The PPT [...]
