#DOW #SP500 #NASDAQ Tech Angle are forming the 1st Dark Cloud signals, after the 3rd wave length of the rally; contrary to good NFP figures. Let's follow where SMART Funds go. Monitor the #VOLUMES.
The markets have gotten accustomed to buying on dips, expect the unexpected where such patterns may not work all the time. Yet, again it remains to be seen. However, in such cases that volatility would increase in the weeks ahead the overall trend is still intact unless a new low would be marked. Where would you stand? As the year end book squaring and some position adjustments for the coming year is around the corner.
Dow Jones & SP500 as of week ending 8th of December 2017
#investing #trading #strategy #risk #management - For the Right Reasons
Exit stage left! Every 'bit of value' information & price counts, so to speak!
Note: Expect a Tug of War on classic #Bitcoin #BitCash #Ethereum #BitFutures soon to come on Dec 10-18, 2017 As we weigh in on how much funds would flow in and out of bitcoin.
A Day of Reckoning for #BITCOIN -Weekend Update
From CLASSIC #SPOT to #CBOE #CME #Futures - Dec 10-18, 2017
Note: Expect a Tug of War on classic #Bitcoin #BitCash #Ethereum #BitFutures soon to come on Dec 10-18, 2017 As we weigh in on how much funds would flow in and out of bitcoin.
A Day of Reckoning for #BITCOIN -Weekend Update
From CLASSIC #SPOT to #CBOE #CME #Futures - Dec 10-18, 2017
More info to follow when the two (2) exchanges - CBOE & CME opens their doors!
Watch for the VOLUMES! Book squaring activities and position adjustments are being done towards the last few weeks of the year is just around the corner. Where will traders stand? ....exit stage left, so to speak!
ReplyDeleteWith two (2) consecutive weeks of record highs for the #DOW at 24552.97 and #SP500 at 2669.72, the #NASDAQ trailing behind seems to have lost some steam. The gradual leg higher for the DOW and SP500 may eventually meet some profit-taking activity towards the end of the week's trading.
ReplyDeleteThus making a possible market retreat from profit taking activity unless the FOMC may make any unexpected new announcements and change of words in the outlook /guidance to say the least.
In spite of the record highs on the major indices, and good retail figures have short changed the price movements nearing the end of the week's trading.
ReplyDeleteWe still have one day to watch as the steam from the trend higher may eventually meet some traction as prices have been in a zigzag up/down swings becoming a bit tight for the day's trend.
The 'Buy on Dip' strategy have emerged and gained traction back as the relentless bull market continued after a short-lived decline across the major indices. Thus far, setting new record highs as it draws closer to the year end.
ReplyDelete