Next target upside = 1316. Retrace to 1310 after
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Juicy stops @1310 zone. 1316-17 is pending sell zone for many.
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I know many is short now based on "fade the news move" on North Korea.
I do not think that may do the trick this time.
I do not think that may do the trick this time.
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1298.5 is the lower zone. If i am correct, price shall going up from there.
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1298.5 is a 36 degree retrace from the 1312 level. If it holds it is perfect.
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Daily cycle lows are boring. Very boring.
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There are some sheep from Fed today speaking. What they say is not so important, but it may speed things up a bit.
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If we get above 1305 we are home free.
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I believe if u replaced the FOMC speakers with KIM, the result of the move will be the same.
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And what about the dollar index? DXY is at what? 93? What was it when gold was @ 1375 last year? Oh yes, above 95. Lol.
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63 - 36 + 45 = 72 -> 1316.5
lets see if that is how market wants it
lets see if that is how market wants it
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I cannot help with the Yellen-spikes unfortunately. lets close green now.
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This must be regarded a failure.
My upside target remains. Better perhaps pick a day where there is no Option expiry next time.
My upside target remains. Better perhaps pick a day where there is no Option expiry next time.