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Thursday June 14th

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  • Thursday June 14th

    I'm expecting a pullback based on technical levels and also we're at a quiet period with 2Q earnings all out. If I am incorrect, then market will be in a tidal wave mode.
    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
    Sentiment:

    https://twitter.com/McClellanOsc/sta...71259983732736

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    • #3
      The ECB just surprised everyone... that being said, Silver is a rocket despite a stronger dollar, that is very good action.
      I would not buy stocks when the European Central Bankers are so depressed not to be able to hike until summer 2019! One year ... what do they see that we donít see?

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      • #4
        Futia:

        http://carlfutia.blogspot.com/

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        • #5
          Joseph Fahmy‏ @jfahmy 1h1 hour ago

          Took a decent amount of profits off the table this morning. Still love the market longer term but short term sentiment is too heated for me and many stocks are extended.

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          • #6
            Sentiment:

            http://www.aaii.com/sentimentsurvey

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            • #7

              Airlines:

              http://allstarcharts.com/airline-rel...nce-continues/

              Comment


              • #8
                Originally posted by Sophia View Post
                The ECB just surprised everyone... that being said, Silver is a rocket despite a stronger dollar, that is very good action.
                I would not buy stocks when the European Central Bankers are so depressed not to be able to hike until summer 2019! One year ... what do they see that we donít see?
                Let's see if silver can close above the 100 WMA for 1-2 months. I doubt it.

                The ECB is putting a bid in the USD to keep liquidity flowing into US assets and to keep commodity prices from spiking up. It's all about preserving the USD as the reserve currency at this point, and they will do everything in their power to keep this game going for as long as possible.

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                • #9
                  Gold and the USD can both rise together - for a while

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                  • #10
                    Silver & gold:

                    https://kimblechartingsolutions.com/...year-breakout/

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