Pancake….
:)))))) I said just think about ostcock, rather than buying before the close, although from a beautiful level, which I talked about in the previous post, start to buy out the market.
comments
Pound neutral rating
Given such dynamics and then, that the markets are oversold and as I expect a swing bounce next week, then I change the LB from the sell signal to neutral because I consider the goal achieved. Цель была 1.55 , today's low1.5558.
Time to think about bouncing
Think, that next week the market will be sufficiently oversold or reach a certain technical zone, to try on the sly swing buy. Going back to history on this graph and applying the same rollback in size 8.8% we come to the target on the spot 1150 * 0.912 = 1048, round up to a round number 1050 and give 10 points to the bump(1040-1050) and just an optional barrier. That is, it should be a pivot point., of course the dynamics can `` outperform '', therefore, we are waiting for stabilization in that area, followed by a rebound to MA14 in the area 1075. This scenario is a landmark in the absence of extraordinary news.
NO PLACE TO HIDE , BUT
Nowhere to hide except treasuries, this is there, where Taleb recommends SHORTING
Taleb's recommendation
He recommends shorting Treasuries. , he is already thinking whether it was worth it!
I agree , that in the future, sooner or later, Treasuries must fall, но в ситуации , when markets are weak and the Fed buys them with foreigners, can be lost " pants & quot;, which actually has been going on for a year in Treasury.
And now when the threat of sovereign debts hangs again and the markets fall and the money is hiding in the TREASURE and he recommends shorting it. Counter trend trade.
Важный рубеж
An important milestone for bulls is represented by a red line, which I already quoted earlier. It's nice to cover up your shorts here and try scalp long, with restart capabilities, if a close stop is knocked out. Better not to listen to me and do it your way :))
King and Trichet
Well what can you expect from these 'comrades" today at 15:00 And 15:45!!!!!
I'm not expecting anything special, they both fail at their tasks. The first one wants and cannot, the second one may not want to.
There is nothing to brag about, will of course defend Greece. King will be about nothing. Both should be " doves & quot;.
Just a little more, a little bit more, the last battle……
They, who knows what the graph is about and my previous forecast for this, DEDICATED to them:
SPX day
I rarely use this indicator, which is used by some professionals, but within the non-standard ascent of the index, where there is no clear trendline from 666 and up to 1150, I found it interesting to show, how this indicator can serve as a trend indication.
Notice how we stopped at the bottom line of this cloud. ( ICHIMOKU CLOUD).
