ridethepig | Nasdaq Correction Forming

アップデート済
📌 The point of this configuration is that the highs have been lost, since the effectiveness (right..) of the stimulus and the extension above that has NOTHING to do with fundamental or economic reality.

This influence can be seen in DAX which cannot make use of the highs. Secondly, there is the threat of Covid and Brexit. In other worst, the risk which triggered the dominos has not gone anywhere despite the political fairy-dust around re-openings. The underlying structural weakness in the economy is profound, masses are cheerleading back to normal while millions remain unemployed. This illustrates the fearlessness of retail.

ridethepig | DAX 2020 Macro Map


We must now test the lows / support in global equities into U.S. elections and into 2021. This stimulus can be regarded as having come to nothing, and the conjunction of re-balancing worked very well for a handful of individuals. Mortalities are reaching all time highs in many U.S. states, ICU beds are reaching full capacity and showing no signs of abating. Policy mistake after policy mistake.

Thanks for keeping the feedback coming 👍 or 👎
ノート
ALPHA PROTOCOL: SEEKING IMMEDIATE EXTRACTION
ノート
Heads up.. US10Y flirting to breakdown and trigger the dominos in equities:

スナップショット
ノート
Very little to update here... sadly virus escalating out of control and NQ trading +20% above its DMA.

Still no fills on the position @ 10500, we will leave it pending this week incase we get the gravity reset, otherwise we can look to open a new position with fresh levels.
トレード稼働中
ノート
Tracking 10,600 for the close
ノート
Stops are starting to look vulnerable here for jobs data later this week, a very important NY session for 11,100.
トレード終了: ストップロスに到達
Updates here after stops failed the hold the light summer liquidity squeeze.

This one will be painful if we turn into September on time for the election cycle, we can re-open the US and Global Equity charts this week for another attempt.
Beyond Technical AnalysisNASDAQ 100 CFDnasdaqnasdaq100NQnq!NASDAQ 100 E-MINI FUTURESnq100ridethepigSPX (S&P 500 Index)Trend AnalysisWave Analysis

他のメディア:

関連の投稿

免責事項