3309 Drysdale Ct
Edwardsville, IL 62025
Agree the mkt is what it is, especially after fake news move
following report from ABC and weekend tax plan news event.
Sugar uis bouncing from multi-year lows... Oct Sugar
testing 50 SMA. Is a tradable low in? Can in Inv
H&S be identified. Neck Line > 1250-70 range?
Any observations, techhical and fundamental, much
1. In what circumstances would rule 3 of apply? And, what
do the arrows represent?
2. In most cases the VIX BB SPX system rules do not
trigger? In fact only the last to VIX sells seem to have
triggered but none of the BUY arrows fullfilled the rules?
IMpossible to borrow SHAK shares for short sale :-(
Any thoughts about the correlation between copper and SPX?
My TF short continues to pay-off well. Today's 2%
underperformance vs NQs is more than expected. What is driving this
Looks more like silver was subject stops being triggered of
speculative longs players who were all running for the exit doors
(or forced). That normally results in large volume spikes.
All these conspiracy theories don't get us anywhere.
Just focus on price action and patterns when trading silver (and
everything else) and all will be fine
No reason to get emotional, just let the charts guide you.
ES is well supported at 1235. Some would argue it is
the neckline of H&S pattern (15')
World is a big place and BPT members live all over the world.
Just great to to get timely calls. The market
determines the timing of trades, not our sleeping hours! :-)
Steve/Matt, Keep the great work up. Thanks J (London,UK)
People seem to consider this fx pair the best to play markets
participants risk appetite. Strong JPY reflects reduction of
risk while strong AUD the inverse. The pair as a result often
perceived as the purest pair to play the eb and flow in the
Have a look at PAAS. Like SLV it may be tracing out a
complex H&S (as commented on in weekend newsletter)
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