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20th March 2018
Quote from
Nick on 20th March 2018, 8:57 am
Short the rallies still...
Short the rallies still...
Quote from
sharmabee on 20th March 2018, 12:23 pm
gd morning All! Thos short did wonder on all indices . now we have got some retracement. I agree with nick to short the rally but as anstel said yesterday not to get caught in shorts while rises again . these are quite low level for a rise which is still a possibility
gd morning All! Thos short did wonder on all indices . now we have got some retracement. I agree with nick to short the rally but as anstel said yesterday not to get caught in shorts while rises again . these are quite low level for a rise which is still a possibility
Quote from
Nick on 20th March 2018, 12:28 pm
Have got some slightly lower resistance too, and now its hit yesterdays closing level and climbed a bit we might see a bit of a dead cat bounce. The S&P is trying to reach its 2727 resistance as well.
Have got some slightly lower resistance too, and now its hit yesterdays closing level and climbed a bit we might see a bit of a dead cat bounce. The S&P is trying to reach its 2727 resistance as well.
Still think there’s a drop coming here.. interesting to see it’s held under 7100.. first time we’ve been under there and not reclaimed in a couple of hours. Technical set up is bearish under there. No market is too high to start buying or low to start selling
Still think there’s a drop coming here.. interesting to see it’s held under 7100.. first time we’ve been under there and not reclaimed in a couple of hours. Technical set up is bearish under there. No market is too high to start buying or low to start selling
Quote from
sharmabee on 20th March 2018, 2:55 pm
I agree MCG ! What I meant if get caught in selling we are too far from recent high and it can easily go there. I am expecting your big drop also. Lets see gd luck
I agree MCG ! What I meant if get caught in selling we are too far from recent high and it can easily go there. I am expecting your big drop also. Lets see gd luck
Quote from
Nick on 20th March 2018, 2:56 pm
Yes, still looks bearish and if FTSE closes today below 7080 reckon we will see 7000
Yes, still looks bearish and if FTSE closes today below 7080 reckon we will see 7000
Quote from
sharmabee on 20th March 2018, 2:57 pm
In my opinion, this game is more about managing your capital then reading the market ( which is equally important though). Risking too much and blowing account only to see the market doing what one was expecting is quite common. And that's why I said if get caught selling while market rises could be costly.
In my opinion, this game is more about managing your capital then reading the market ( which is equally important though). Risking too much and blowing account only to see the market doing what one was expecting is quite common. And that's why I said if get caught selling while market rises could be costly.
Quote from
sharmabee on 20th March 2018, 2:58 pm
Quote from Nick on 20th March 2018, 2:56 pm
Yes, still looks bearish and if FTSE closes today below 7080 reckon we will see 7000
I am short from 75, 86 limit 30 min resistance lets see. Would be nice if we can see yesterday's low
Quote from Nick on 20th March 2018, 2:56 pm
Yes, still looks bearish and if FTSE closes today below 7080 reckon we will see 7000
I am short from 75, 86 limit 30 min resistance lets see. Would be nice if we can see yesterday's low
Quote from
anstel on 20th March 2018, 3:36 pm
Hey guys I just think we have to be really careful we don't get a cognitive bias...it can do anything .....yeah it looks weak but it can change quickly....
Hey guys I just think we have to be really careful we don't get a cognitive bias...it can do anything .....yeah it looks weak but it can change quickly....
Quote from anstel on 20th March 2018, 3:36 pm
Hey guys I just think we have to be really careful we don't get a cognitive bias...it can do anything .....yeah it looks weak but it can change quickly....
Look at the 4 hourly.. looks like a bear flag. Basically rising enough to burn off oversold conditions without really rising at all. If it reclaims 7090-7100 reassess but otherwise another dump is lining up and this time we’re below support so not that obvious where it bottoms.. 6930, 6800, 6730 and 6620 pivots look interesting but not sure how far it’s going until it happens
Quote from anstel on 20th March 2018, 3:36 pm
Hey guys I just think we have to be really careful we don't get a cognitive bias...it can do anything .....yeah it looks weak but it can change quickly....
Look at the 4 hourly.. looks like a bear flag. Basically rising enough to burn off oversold conditions without really rising at all. If it reclaims 7090-7100 reassess but otherwise another dump is lining up and this time we’re below support so not that obvious where it bottoms.. 6930, 6800, 6730 and 6620 pivots look interesting but not sure how far it’s going until it happens
Quote from
anstel on 20th March 2018, 5:14 pm
Quote from Mcgcapital on 20th March 2018, 4:43 pm
Quote from anstel on 20th March 2018, 3:36 pm
Hey guys I just think we have to be really careful we don't get a cognitive bias...it can do anything .....yeah it looks weak but it can change quickly....
Look at the 4 hourly.. looks like a bear flag. Basically rising enough to burn off oversold conditions without really rising at all. If it reclaims 7090-7100 reassess but otherwise another dump is lining up and this time we’re below support so not that obvious where it bottoms.. 6930, 6800, 6730 and 6620 pivots look interesting but not sure how far it’s going until it happens
I see what you mean on the four hourly Ftse Mcg It does look like a bear flag .....however if you look at the four hourly Dow chart it looks better to me and the U.S. is running the show...
Quote from Mcgcapital on 20th March 2018, 4:43 pm
Quote from anstel on 20th March 2018, 3:36 pm
Hey guys I just think we have to be really careful we don't get a cognitive bias...it can do anything .....yeah it looks weak but it can change quickly....
Look at the 4 hourly.. looks like a bear flag. Basically rising enough to burn off oversold conditions without really rising at all. If it reclaims 7090-7100 reassess but otherwise another dump is lining up and this time we’re below support so not that obvious where it bottoms.. 6930, 6800, 6730 and 6620 pivots look interesting but not sure how far it’s going until it happens
I see what you mean on the four hourly Ftse Mcg It does look like a bear flag .....however if you look at the four hourly Dow chart it looks better to me and the U.S. is running the show...
Quote from
anstel on 20th March 2018, 5:16 pm
Quote from anstel on 20th March 2018, 5:14 pm
Quote from Mcgcapital on 20th March 2018, 4:43 pm
Quote from anstel on 20th March 2018, 3:36 pm
Hey guys I just think we have to be really careful we don't get a cognitive bias...it can do anything .....yeah it looks weak but it can change quickly....
Look at the 4 hourly.. looks like a bear flag. Basically rising enough to burn off oversold conditions without really rising at all. If it reclaims 7090-7100 reassess but otherwise another dump is lining up and this time we’re below support so not that obvious where it bottoms.. 6930, 6800, 6730 and 6620 pivots look interesting but not sure how far it’s going until it happens
I see what you mean on the four hourly Ftse Mcg It does look like a bear flag .....however if you look at the four hourly Dow chart it looks better to me and the U.S. is running the show...
I think the Ftse is quite unsure and waiting for a more positive reaction from the Dow before getting too enthusiastic....
Quote from anstel on 20th March 2018, 5:14 pm
Quote from Mcgcapital on 20th March 2018, 4:43 pm
Quote from anstel on 20th March 2018, 3:36 pm
Hey guys I just think we have to be really careful we don't get a cognitive bias...it can do anything .....yeah it looks weak but it can change quickly....
Look at the 4 hourly.. looks like a bear flag. Basically rising enough to burn off oversold conditions without really rising at all. If it reclaims 7090-7100 reassess but otherwise another dump is lining up and this time we’re below support so not that obvious where it bottoms.. 6930, 6800, 6730 and 6620 pivots look interesting but not sure how far it’s going until it happens
I see what you mean on the four hourly Ftse Mcg It does look like a bear flag .....however if you look at the four hourly Dow chart it looks better to me and the U.S. is running the show...
I think the Ftse is quite unsure and waiting for a more positive reaction from the Dow before getting too enthusiastic....
Quote from anstel on 20th March 2018, 5:16 pm
Quote from anstel on 20th March 2018, 5:14 pm
Quote from Mcgcapital on 20th March 2018, 4:43 pm
Quote from anstel on 20th March 2018, 3:36 pm
Hey guys I just think we have to be really careful we don't get a cognitive bias...it can do anything .....yeah it looks weak but it can change quickly....
Look at the 4 hourly.. looks like a bear flag. Basically rising enough to burn off oversold conditions without really rising at all. If it reclaims 7090-7100 reassess but otherwise another dump is lining up and this time we’re below support so not that obvious where it bottoms.. 6930, 6800, 6730 and 6620 pivots look interesting but not sure how far it’s going until it happens
I see what you mean on the four hourly Ftse Mcg It does look like a bear flag .....however if you look at the four hourly Dow chart it looks better to me and the U.S. is running the show...
I think the Ftse is quite unsure and waiting for a more positive reaction from the Dow before getting too enthusiastic....
Watch the Nasdaq.. tech has been the bull market leader and some of the FANGs look like they’re about to crack here. That’s not a great sign for the wider market. Might tread water today as it’s the Fed tomorrow
Quote from anstel on 20th March 2018, 5:16 pm
Quote from anstel on 20th March 2018, 5:14 pm
Quote from Mcgcapital on 20th March 2018, 4:43 pm
Quote from anstel on 20th March 2018, 3:36 pm
Hey guys I just think we have to be really careful we don't get a cognitive bias...it can do anything .....yeah it looks weak but it can change quickly....
Look at the 4 hourly.. looks like a bear flag. Basically rising enough to burn off oversold conditions without really rising at all. If it reclaims 7090-7100 reassess but otherwise another dump is lining up and this time we’re below support so not that obvious where it bottoms.. 6930, 6800, 6730 and 6620 pivots look interesting but not sure how far it’s going until it happens
I see what you mean on the four hourly Ftse Mcg It does look like a bear flag .....however if you look at the four hourly Dow chart it looks better to me and the U.S. is running the show...
I think the Ftse is quite unsure and waiting for a more positive reaction from the Dow before getting too enthusiastic....
Watch the Nasdaq.. tech has been the bull market leader and some of the FANGs look like they’re about to crack here. That’s not a great sign for the wider market. Might tread water today as it’s the Fed tomorrow
Quote from
anstel on 20th March 2018, 8:10 pm
Quote from Mcgcapital on 20th March 2018, 5:19 pm
Quote from anstel on 20th March 2018, 5:16 pm
Quote from anstel on 20th March 2018, 5:14 pm
Quote from Mcgcapital on 20th March 2018, 4:43 pm
Quote from anstel on 20th March 2018, 3:36 pm
Hey guys I just think we have to be really careful we don't get a cognitive bias...it can do anything .....yeah it looks weak but it can change quickly....
Look at the 4 hourly.. looks like a bear flag. Basically rising enough to burn off oversold conditions without really rising at all. If it reclaims 7090-7100 reassess but otherwise another dump is lining up and this time we’re below support so not that obvious where it bottoms.. 6930, 6800, 6730 and 6620 pivots look interesting but not sure how far it’s going until it happens
I see what you mean on the four hourly Ftse Mcg It does look like a bear flag .....however if you look at the four hourly Dow chart it looks better to me and the U.S. is running the show...
I think the Ftse is quite unsure and waiting for a more positive reaction from the Dow before getting too enthusiastic....
Watch the Nasdaq.. tech has been the bull market leader and some of the FANGs look like they’re about to crack here. That’s not a great sign for the wider market. Might tread water today as it’s the Fed tomorrow
So it's keep an eye on Facebook,amazon,Netflix,and Google...that's a good tip Thx Mcg...
Quote from Mcgcapital on 20th March 2018, 5:19 pm
Quote from anstel on 20th March 2018, 5:16 pm
Quote from anstel on 20th March 2018, 5:14 pm
Quote from Mcgcapital on 20th March 2018, 4:43 pm
Quote from anstel on 20th March 2018, 3:36 pm
Hey guys I just think we have to be really careful we don't get a cognitive bias...it can do anything .....yeah it looks weak but it can change quickly....
Look at the 4 hourly.. looks like a bear flag. Basically rising enough to burn off oversold conditions without really rising at all. If it reclaims 7090-7100 reassess but otherwise another dump is lining up and this time we’re below support so not that obvious where it bottoms.. 6930, 6800, 6730 and 6620 pivots look interesting but not sure how far it’s going until it happens
I see what you mean on the four hourly Ftse Mcg It does look like a bear flag .....however if you look at the four hourly Dow chart it looks better to me and the U.S. is running the show...
I think the Ftse is quite unsure and waiting for a more positive reaction from the Dow before getting too enthusiastic....
Watch the Nasdaq.. tech has been the bull market leader and some of the FANGs look like they’re about to crack here. That’s not a great sign for the wider market. Might tread water today as it’s the Fed tomorrow
So it's keep an eye on Facebook,amazon,Netflix,and Google...that's a good tip Thx Mcg...
