Index futures now defying gravity, this does not appear to be a futures pump, looks like the day computers are in buy mode, pumping stocks on low holiday volume. Probably some more of this Friday before we get some selling next week.
I have no idea what to make of this.
I have no idea what to make of this.
Comment:
As I kept saying, today was supposed to be a down day and the market was overbought. So the futures market decided to fix it after the break.
It might scroll back up and open up even on Friday, but at least they made the charts look right by getting rid of the overbought condition, lol.
As I was saying, don't chase this market....
It might scroll back up and open up even on Friday, but at least they made the charts look right by getting rid of the overbought condition, lol.
As I was saying, don't chase this market....
Comment:
Figures the Euros would pump the market back up
Comment:
Asian markets down once again, wish I had shorted China, but there was really no indication it would tank on Wednesday. Down over 2%.
I don't think Euros are gonna pump futures tonight, I'm assuming a gap down tomorrow morning the only question is how much....
I don't think Euros are gonna pump futures tonight, I'm assuming a gap down tomorrow morning the only question is how much....
Comment:
EUro markets bounced on good economic data, only a small gap down today. I don;t see the market doing much on a short holiday trading day, so probably a doji here.
Monday is going to depend a lot on the Chinese, probably closing everything today depending on what the market does.
Monday is going to depend a lot on the Chinese, probably closing everything today depending on what the market does.
Might buy some puts if there's a reversal pattern Friday, but waiting until the end of the day to do anything, this market is too pumptarded to short anything during the day.