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Thursday January 11th

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  • Thursday January 11th

    NAFTA or not? That is the question. I have a feeling Trump will drag this out until he gets what he wants, let's face it Canada and Mexico are like nothing to US economic power.
    Don't follow or make any trades based on any chart, guess, study, joke or prediction I make.
    Seriously. Don't follow me. Just don't. I only guess at things.
    Also.. I'm not the real Mr Miyagi; he's been dead since 2005.

  • #2
    Reversal Levels:

    Thursday, January 11, 2018

    RL for Jan 11

    Today's reversal levels for major indexes and some popular stocks:
    • Partial profits signal for FTSE 100.
    • Partial profits signal for Oil.
    • Sell signal for AMBA.
    • Bullish divergence for OPK.
    • Partial profits signal for NFLX. A 10% gain in 8 days.
    • Partial profits signal for RIG. A 17% gain in 12 days.

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    • #3
      Futia:

      http://carlfutia.blogspot.com/

      Comment


      • #4
        so far, stocks not moving

        Comment


        • #5
          Liz Ann Sonders‏Verified account @LizAnnSonders 11m11 minutes ago

          Global fund flows have been “risk-on” for 167 consecutive trading days— a new record

          Comment


          • #6
            Dow 30:

            http://money.cnn.com/data/dow30/

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            • #7
              Not entirely sure if my timing is right, but I added to my gold miners and silver ETFs today. This is for a 3-4 month hold, so I’m hoping any timing error will be eliminated by a return of the bull market in precious metals. If the bull returns, I think we could be seeing $21+ silver in that period and $30+ GDX.

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              • #8
                Yeah, that’s what was bothering me. If it doesn’t get going soon, it might correct for a few days, but then hopefully it’s up and away.

                Edit: the post I replied to has been deleted. It was saying that gold’’s action has been feeble considering the dollar is down, but a derogatory term was used instead of ‘feeble’!
                Last edited by Dialogue; 01-11-2018, 01:30 PM.

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                • #9
                  Oil:

                  https://likesmoneycycletrading.wordpress.com/

                  Comment

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