JI
jimkane
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Starting it off. Due to the Monday holiday I believe bonds and FX open outcry are closed, but GLOBEX is open. Stocks and futures for them are open as usual.
JI
jimkane
Rep: 3,058
Posts: 33,089
Are they really going to leave 1800 for the Sunday night pop? Really?
JI
jimkane
Rep: 3,058
Posts: 33,089
No pop into the close or right after the close? Really? I can't imagine it, I just can't...
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jimkane
Rep: 3,058
Posts: 33,089
'Too easy', too predictable. And... there's another new all-time high into the close... Same old, same old. Just another little shakeout.
JI
jimkane
Rep: 3,058
Posts: 33,089
Very nice 1-min acceleration to the obvious area for that checkback. Very technical trading, just following the screw the suckers routine to the letter, in my opinion.
JI
jimkane
Rep: 3,058
Posts: 33,089
Anyway, that gives the weekly bar a close for most things basically on their high ticks for the week, and for all time. Can't say that doesn't look bullish to the rubes.
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jimkane
Rep: 3,058
Posts: 33,089
Jim's daily trade potential evaluation/opinion: A slow day to start, but with very technical action. The second half was clear and clean and, by the methodology, an easy setup and management. Another day in 'trading paradise' with new all-time highs again (and again and again). One-sided market action leads to 'easy' trades.