5:00pm
Market closed in red and my coin predict tomorrow is down, again. You may feel bored about it since it’s been saying down for 7 days in a roll. i don’t know how to cheer you up. maybe i will ask it to change the tune on Friday.
2:53pm
The match is on now. I just take a quick look at the market and find a short opp.
2:30pm
For soccer fans, turn your to ESPN, its Manchester United vs Barcelona! The market is still under my expectation right now. will leave it rolling on. midterm view unchanged ( a chart from yesterday)
2:02pm
everyone is trying to find the reason for the sudden move on CNBC. One guy attribute this to the spike in note yield… the market has its own internal force and nature law. people chasing on news are doomed to lag behind in timing.
1:42pm
wow, i get some good luck today :) check where my call was ten minutes ago.
1:30pm
Good entry for short now to me
12:52pm
people are talking about high yield impact on CNBC. I’ve touched the topic a little in weekend review how high yields may impact the market and economy. Now we indeed see a nice break out in 10 year notes.
12:33pm
Dow already breaks down the wedge, i expect SPX to follow.
12:10pm
A very boring day till now. Good news for bulls are that 5mins 50MA is holding very well. Good news for bear is that bear wedge is forming with divergence printed. Let’s wait and see. no good trade setup to me now.
2 Good Insights:
Markets always tend of overly obsess about one thing. Right now it is treasuries. If you can get in front of it and front run it (easier said than done) it can be very profitable.
Thats the Key to FX IMHO find the econ # that the market is obsessing about and get in front of it.
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