And the winner is ... the Nikkei chart.
Draw the lines - daily - perfect.
Others similar.
Though also some with a good overshot. I.e. SMI or NQ.
And several MAJOR SHS patterns in place in case the journey south continues.
I just wonder what the final trigger was - Fed's George?
Dying volume?
And whether this was the prelude - or another head fake?
Time will tell. But anyway major changes will take place in coming 5-6 weeks. And likely volatility will increase beyond anyones dreams. Perfect time for being thrown out of the boat.
Vienna GD 20:28:56 GMT - 05/02/2022
IMHO ... todays close smells a bit like increased odds of a meaningful equity reversal here or close - and in that case an end of "dump n dump". For a while at least.
viies will finally like it ... as pump n pump might be back.
For a while at least.
If it's not a trap. What could well be.
Though I have my doubts.
DYOD and gl & gt
Israel MacroMicro 20:54:56 GMT - 05/02/2022
week's low, seen or to be seen.....
we will know when Japanese are back from their holiday
untill then, enjoy the volatility.... +++/- 100 spx points daily range probably to show as the average per day this week
imo
dc CB 21:40:45 GMT - 05/02/2022
coming round again......6 months until US goes to the Polls----
________________________________________________
With US markets still in turmoil during Monday's thin-liquidity sessions, more troubling COVID headlines added to the general downcast mood when NYC raised its alert level from "low" to "medium".
BREAKING : NYC has just officially moved into “yellow” covid alert status citywide. (= 200+ cases/week per 100k people)
This reflects a growing wave of omicron sub-variants.
— Mark D. Levine (@MarkLevineNYC) May 2, 2022
Mon 27 May 2019 AAGB/US- Holiday Tue 28 May 2019 A 14:00 US- Consumer Confidence C 13:00 US- Case-Shiller Wed 29 May 2019 A 08:55 DE- Employment AA 18:00 US- BOC Decision A 18:30 US- EIA Crude Thu 30 Mar 2019 AAEZ/CH- Holiday A 12:30 US- Weekly Jobless Fri 31 Mar 2019 AA 10:00 EZ- Flash HICP A 12:30 US- Personal Income, Spending, Deflator AA 14:00 US- Final Univ of Michigan
Global-View Affiliate Program
We are starting an affiliate program to market some of our products.
Send me an email if you would be interested or if you know someone who would like to be an affiliate. Generous commissions payout for those accepted.
Put the word "affiliate" in the email subject line.
Are you
looking for your first broker or do you need of a new one? There are
more critical things to consider than you might have thought.
We were trading long before there were online brokers. Global-View
has been directly involved with the industry since its infancy. We've
seen everything and are up-to-data with recent regulatory changes.
We are starting an affiliate program to market some of our products.