Technical Analysis:
Sentiment & traders position (short term and longer term):
We are told mainstream is very bullish. But short interest is super high.
Sentiment now: Neutral
1 Week ago : Slightly fear
1 Month ago: Greed
1 Year ago: Extreme fear
XM clients:
81% Sell 19% Buy on the US30Cash.
83% Sell 17% Buy on the US500Cash.
41% Sell 59% Buy on the US30Future.
84% Sell 16% Buy on the US500Future.
IG:
67% Sell 33% Buy on the Wall Street.
78% Sell 22% Buy on the US500.
FXCM:
81% Sell 19% Buy on the US30
87% Sell 13% Buy on the SPX500
Commitment of traders:
www.bloomberg.com/ne...te-unseen-since-2015
hedgopia.com/despite...rts-refuse-to-yield/
Bloomberg "Oct.18 -- Short interest on the SPY has fallen to its lowest level in a year as the S&P 500, Nasdaq 100, and Dow Industrials close in on new record highs."
==> Some say "highest in years" some say "lowest in years". What is sure is it is lower than in early-mid 2008.
My counter indicator, retail traders, tells me we are likely to go up first.
Most ideas are short also. www.tradingview...om/symbols/SPX/?exchange=T...
Short S&P long Bitcoin.
The FED wants to buy time.
The FED let the market start a recession in 2016. Then after Trump election they went crazy with the magical money bazooka.
2016:
Some numbers
St Louis FED chairman himself said that during the next recession they would be powerless so what they are doing is buying time and hoping for the best...
The Dow Jones real chart:
They have been buying time this long, no matter the cost, they will keep doing it and let things rot a little longer.
If there are concentration camps or gulags again it will be 100% the central banks fault, they will be entirely responsible and no one else. Totally their fault.
We're dragging those useless banks for over a hundred year why? Because some general 200 years ago printed money for a war? LOOOOOOOOOOL.
Man that's worth it. My toe tickles, let me grab a shotgun and blast both my legs off that'll fix it.
They're not even parasites leeching off the planet, they just ruin it because they are stupid, or maybe they enjoy it I don't know.
Why can't we just get rid of central banks once and for all? Or at least greatly reduce their power.
The whole planet should ban the money lending cartels from their soil like Putin did.
And the central banks purpose should be so greatly reduced.
They should not be able to manipulate rates and money like that.
The reason for their creation is to separate the money supply from the government.
Just let the market decide what rates should be.
Not some idiot economists that thought the internet would be a flop and never made a penny in the market (without manipulating it).
*Find a good entry to buy. Maybe break and retest.
Sentiment & traders position (short term and longer term):
We are told mainstream is very bullish. But short interest is super high.
Sentiment now: Neutral
1 Week ago : Slightly fear
1 Month ago: Greed
1 Year ago: Extreme fear
XM clients:
81% Sell 19% Buy on the US30Cash.
83% Sell 17% Buy on the US500Cash.
41% Sell 59% Buy on the US30Future.
84% Sell 16% Buy on the US500Future.
IG:
67% Sell 33% Buy on the Wall Street.
78% Sell 22% Buy on the US500.
FXCM:
81% Sell 19% Buy on the US30
87% Sell 13% Buy on the SPX500
Commitment of traders:
www.bloomberg.com/ne...te-unseen-since-2015
hedgopia.com/despite...rts-refuse-to-yield/
Bloomberg "Oct.18 -- Short interest on the SPY has fallen to its lowest level in a year as the S&P 500, Nasdaq 100, and Dow Industrials close in on new record highs."
==> Some say "highest in years" some say "lowest in years". What is sure is it is lower than in early-mid 2008.
My counter indicator, retail traders, tells me we are likely to go up first.
Most ideas are short also. www.tradingview...om/symbols/SPX/?exchange=T...
Short S&P long Bitcoin.
The FED wants to buy time.
The FED let the market start a recession in 2016. Then after Trump election they went crazy with the magical money bazooka.
2016:
Some numbers
St Louis FED chairman himself said that during the next recession they would be powerless so what they are doing is buying time and hoping for the best...
The Dow Jones real chart:
They have been buying time this long, no matter the cost, they will keep doing it and let things rot a little longer.
If there are concentration camps or gulags again it will be 100% the central banks fault, they will be entirely responsible and no one else. Totally their fault.
We're dragging those useless banks for over a hundred year why? Because some general 200 years ago printed money for a war? LOOOOOOOOOOL.
Man that's worth it. My toe tickles, let me grab a shotgun and blast both my legs off that'll fix it.
They're not even parasites leeching off the planet, they just ruin it because they are stupid, or maybe they enjoy it I don't know.
Why can't we just get rid of central banks once and for all? Or at least greatly reduce their power.
The whole planet should ban the money lending cartels from their soil like Putin did.
And the central banks purpose should be so greatly reduced.
They should not be able to manipulate rates and money like that.
The reason for their creation is to separate the money supply from the government.
Just let the market decide what rates should be.
Not some idiot economists that thought the internet would be a flop and never made a penny in the market (without manipulating it).
*Find a good entry to buy. Maybe break and retest.