YaKa

SPX - if it does not hold this - it is the end big time.

CME_MINI:ES1!   S&P 500 E-MINI FUTURES
395 11 6
..

Related Ideas

maximus71
2 years ago
May be a last bound before a brutal fall...if support hold of course
Reply
YaKa PRO maximus71
2 years ago
Crossing fingers.. but it might not be enough...
Reply
JohnKeverich
2 years ago
It really has to hold. Stocks like AAPL, MSFT, GOOGL are at or near their major supports.
+1 Reply
YaKa PRO JohnKeverich
2 years ago
"has to":)... i hope so. good to chance too...
somehow i feel the market is going to fall soon and giving us an extra opportunity to short above 2070 may not come... it becomes too clear now no? who knows...
i dont think it will fall before options expiry tomorrow. but monday is another week and the difficult scenario is one where markets start to fall before draghi announces... that would be very difficult and is to be factored then... a bit counterintuitive to short before right?..

Reply
jangseohee YaKa
2 years ago
every single dump ass is expecting Draghi to pull the QE trigger
which is why DAX shot up
Something is amiss. Remember those old Jackson Hole moments when the Fed would promise QE in the future, say to start in November, and the markets would just take off? What happened to the good old days? Here we have the ECB promising (illegal or unconstitutional) QE weeks in advance and the market now, like a rather egotistical, elite, spoiled child, sits back and has the audacity to judge the gift horse? Really?
What happened to the unconditional ramps to new ATH glory? See A "Conditional Bazooka": European Top Court Finds ECB's OMT "May Be Legal" But Must Meet Conditions
Reply
ChartArt jangseohee
2 years ago
The DAX shot up, because the Euro got weaker, because of the central bank decision in Switzerland.

Why? With an even lower Euro it's even easier for Germany to export goods to other countries around the world, because it makes the products produced in Germany cheaper. Therefore the German economy can expect more demand and export more goods. Therefore the German economy will get stronger with a weaker Euro. Therefore the German stock market index DAX shot up based on this good news for the German economy.
Reply
ChartArt
2 years ago
The FED is still printing money for Wall Street. I see no problem here in this heavily central bank manipulated market that it could have a natural correction of a bubble like Bitcoin has currently.

http://www.zerohedge.com/news/2015-01-08/repeat-after-us-market-not-fed-driven

https://twitter.com/zerohedge/status/552210403942744064
+1 Reply
ChartArt
2 years ago
Don't be afraid. Here is a quick 101 lesson how the US stock market works since the 2008/2009 market correction:

Buy The Dip!
https://www.youtube.com/watch?v=0akBdQa55b4
Reply
ChartArt
2 years ago
Don't be afraid. Here is a quick 101 lesson how the US stock market works since the 2008/2009 market correction:

Buy The Dip!
https://www.youtube.com/watch?v=0akBdQa55b4
Reply
Olu
2 years ago
There is always intervention, jawboning and the resumption of QE
Reply
jangseohee Olu
2 years ago
no everyone "buys" the conspiracy theory
but i suspect these central bank has a technical chart at their office on how they want to kill both bulls and bears :-)
+1 Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out