Another ruff Monday for Stocks, We saw this two Monday’s ago that lead to a two-day rally ( dead cat bounce) , With many stocks now below their 200 dma ( bear market ) once expensive stocks are looking a bit more attractive,
Our currencies are following equities, risk-on currencies are selling off and money is rotating into safety ( Yen and USD)
S&P really jumping bears again??
Yen closing in on #1
I took profit on a S&P bullish move I could not resist.
I don’t know where it will go now, but I will wait for nice pullbacks.
1-3 RR always a good bet.
US Dollar surges in afternoon trading as worries over interest rate hike sends stocks lower
Another strong day for the US dollar as stocks again selloff into the close
Just two weeks ago USD was our weakest currency, but with an increase in interest rates coming any day now, we could see a long run in USD strength
USD is our new Top Trade or a continuation of the signal we had back in November, AUDUSD looks good too
im in pepsi and mcdonalds…both holding up well as you mentioned.
Strong end of the week for stocks with NASDAQ leading the way, this normally would indicate a move back to risk-on but our currencies are still moving to safety. Who is right?
What website do you use to get the data to key onto the excel worksheet?
Is there a specific time of getting this data?
Thread has been open for nearly 6 years, do you think the information has not been shared yet?
What do you do on the weekends?
Oh I see. There’s something buggy about this site. That post didn’t show up when I was reading it so it just looked like somebody criticising the thread
It has been a great month to be short New Zealand
Note; blue arrow points to entry candle based on SW rankings
I use Tradingview.com for my charts and data.
I try to pull my numbers close to the New York close which is 5 pm est
All green for Yen pairs as we start a new week and wrap up January, we have a continuation in stocks following Friday’s big move, this time led by the Nasdaq which is very bullish
USD was the weakest currency on the day but still holds on to its number one spot, that might be short-lived if the stock market rally that began on Friday and continued today can keep going
Markets are mixed first half of the day
Note; I am traveling today, if I post an update it will likely be late tonight
