Posted by crossharry on 19th of Jun 2022 at 12:58 pm
Matt, I've got an account with the spread betting company you
reference. I note that 71% of retail traders lose money with the
company and that currently 77% of client accounts are long the
index - does that mean another quick flush is almost inevitable, ie
shake out the masses? :)
Anyway, the Weekend Wall Street price is walking the daily pivot
today. It's about 6pm here in the UK as I write.
$SPX - Chart Linkmy concern for next week would
be this bear flag playing out on a gap down on Tuesday - 3600 is
symmetry target from Feb/Mar 2020 move, and 50% Fib is 3500 (the
Fibs have been magnets). The way the market moves these days that
could be hit in one day. 3600, 3500, 3400, and 3200 are the
levels below
not looking good with Crypto down sharply
Posted by matt on 18th of Jun 2022 at 10:58 am
$BTCUSD - Chart Link- Bitcoin at 19K
$ETHUSD - Chart Link-
Off Hours Futures Proxy
again it's a long weekend so anything goes
Matt, I've got an account
Posted by crossharry on 19th of Jun 2022 at 12:58 pm
Matt, I've got an account with the spread betting company you reference. I note that 71% of retail traders lose money with the company and that currently 77% of client accounts are long the index - does that mean another quick flush is almost inevitable, ie shake out the masses? :)
Anyway, the Weekend Wall Street price is walking the daily pivot today. It's about 6pm here in the UK as I write.
Update: not looking good with Crypto down sharply
Posted by matt on 18th of Jun 2022 at 11:00 am
$SPX - Chart Linkmy concern for next week would be this bear flag playing out on a gap down on Tuesday - 3600 is symmetry target from Feb/Mar 2020 move, and 50% Fib is 3500 (the Fibs have been magnets). The way the market moves these days that could be hit in one day. 3600, 3500, 3400, and 3200 are the levels below
https://jeffhirsch.tumblr.com/post/687327617382219776/market-prone-to-late-june-weaknessseasonaility weak till last 3 trading
Posted by kevindeng0727 on 18th of Jun 2022 at 02:00 pm
https://jeffhirsch.tumblr.com/post/687327617382219776/market-prone-to-late-june-weaknessseasonaility weak till last 3 trading days ofJune
and falling even more...
Posted by vsunil on 18th of Jun 2022 at 02:40 pm
and falling even more...
BTC just printed 17,987
Posted by steve on 18th of Jun 2022 at 04:11 pm
BTC just printed 17,987
BTC's 1987 moment?
Posted by kevindeng0727 on 18th of Jun 2022 at 08:03 pm
BTC's 1987 moment?
I have a bad feeling
Posted by jared95 on 18th of Jun 2022 at 07:34 pm
I have a bad feeling Tue is going to be a bloodbath for the markets.
It appears that Bitcoin has
Posted by steverobin on 18th of Jun 2022 at 07:08 pm
It appears that Bitcoin has a distinct audience and not an overall indicator of risk appetite .