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Danville

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I have numbers to the down side also but they havnt been hit since the election

 

have to wait for an established top before I can punch it into excel to get the answers.

 

today is going to be very interesting because to the upside the answer at the moment

 

is for a top of 5872 , last nights high. there is also another one at 5885

 

so waiting to see if 5872 may be a top or bottom, should also try and hold a move down to 5864 - 5833(which held yesterday)

 

if it can gain support then as coderman says we should have a run up.

 

id really like to see a top at the 5872-5885-86 level.

 

 

 

 

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I'm pure swing trader, my horizon does not extend beyond 10/14 days, from pivot point to pivot point.

Recent highs or lows, even historical ones have little interest other than to note some people will be looking at those levels and yet I know majority of potential participants in the market do not use charts

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NFP tonight esp at 240kish

if the number is over 280k we might see big pop up for SPX {s&p500}, will it last or not?? if the number is really strong isn't it mean more aggressive rate hike by Fed?? :unsure:

for asx200, keep eye on 5835 for the longs, below there a trading stops should be used, the target upside is 6000 for this run up. imho

 

 

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NBC News is reporting about US missile strikes on al-Shayrat military airfiled near Homs, Syria.

 

This is likely to boost demand for traditional safe havens like Gold and Yen and may push up oil prices.

 

Rumours ? Knocked the wind out of ASX200 and most AUD currency pairs now testing support levels.

 

 

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"It is certainly the most unusual jobs report I've seen in a while," said Scott Clemons, chief investment strategist at Brown Brothers Harriman. "There was something for everybody."

 

The U.S. economy added 98,000 jobs last month, well below the expected gain of 180,000. The unemployment rate fell to 4.5 percent from 4.7 percent. Wage growth was not as strong either, with average hourly earnings up by 2.7 percent on an annualized basis.

 

Futures and Treasury yields slipped after the jobs report was released, with the 10-year note yield dipping below 2.3 percent to hit its lowest level since late November.

 

http://www.cnbc.com/2017/04/07/us-markets.html

 

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i'm soooo surprised. weird !! :blink:

 

 

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ChinaÃÆâ€â„¢ÃƒÆ’ƒâہ¡ÃƒÆ’‚¢ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¡Ãƒâہ¡ÃƒÆ’‚¬ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¾Ãƒâہ¡ÃƒÆ’‚¢s March and first quarter data starts flowing midweek and US earnings kick off on Thursday night with three big banks reporting.

 

Central banks in Canada, Argentina, South Korea, Singapore and Brazil are expected to deliver interest rate decisions this week.

 

But all attention will be on Federal Reserve chair Janet Yellen, who speaks at the University of Michigan Ford School of Public Policy on tonight, our time, as she takes questions from both the audience and Twitter.

 

What will she say about the weaker than expected March jobs report and the FedÃÆâ€â„¢ÃƒÆ’ƒâہ¡ÃƒÆ’‚¢ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¡Ãƒâہ¡ÃƒÆ’‚¬ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¾Ãƒâہ¡ÃƒÆ’‚¢s gradual move to start shrinking its $US4 billion plus balance sheet (which could become a further rate rise).

 

ThereÃÆâ€â„¢ÃƒÆ’ƒâہ¡ÃƒÆ’‚¢ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¡Ãƒâہ¡ÃƒÆ’‚¬ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¾Ãƒâہ¡ÃƒÆ’‚¢s housing finance data today in Australia (which will tell us is the investor lending boom continued into February) and the March employment report for Australia is out on Thursday as well.

 

Thursday also sees the first of two Financial Stability Reviews from the RBA issued on Thursday.

 

That will be after the usual monthly surveys of business tomorrow from the NAB, and consumer confidence (from Westpac) on Wednesday.

 

According to the AMPÃÆâ€â„¢ÃƒÆ’ƒâہ¡ÃƒÆ’‚¢ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¡Ãƒâہ¡ÃƒÆ’‚¬ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¾Ãƒâہ¡ÃƒÆ’‚¢s chief economist, Dr Shane Oliver, ThursdayÃÆâ€â„¢ÃƒÆ’ƒâہ¡ÃƒÆ’‚¢ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¡Ãƒâہ¡ÃƒÆ’‚¬ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¾Ãƒâہ¡ÃƒÆ’‚¢s jobless report will see a 30,000 bounce in employment in March with unemployment remaining at 5.9%.

 

The RBAÃÆâ€â„¢ÃƒÆ’ƒâہ¡ÃƒÆ’‚¢ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¡Ãƒâہ¡ÃƒÆ’‚¬ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¾Ãƒâہ¡ÃƒÆ’‚¢s first Financial Stability Review of the year will repeat the BankÃÆâ€â„¢ÃƒÆ’ƒâہ¡ÃƒÆ’‚¢ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¡Ãƒâہ¡ÃƒÆ’‚¬ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¾Ãƒâہ¡ÃƒÆ’‚¢s recent concerns regarding financial stability risks flowing from excessive growth in home prices and household debt - but this is likely to be a bit dated given that the regulators have already moved.

 

In the US, March quarter earnings reports will start to flow with reports from Delta Airlines, JPMorgan, Citi and Wells Fargo the major releases.

 

On the data front, thereÃÆâ€â„¢ÃƒÆ’ƒâہ¡ÃƒÆ’‚¢ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¡Ãƒâہ¡ÃƒÆ’‚¬ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¾Ãƒâہ¡ÃƒÆ’‚¢s small business optimism and job openings (all Tuesday night), March retail sales (Friday night) and consumer inflation figures for March also out on Friday.

 

ThereÃÆâ€â„¢ÃƒÆ’ƒâہ¡ÃƒÆ’‚¢ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¡Ãƒâہ¡ÃƒÆ’‚¬ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¾Ãƒâہ¡ÃƒÆ’‚¢s a two day meeting of G-7 foreign ministers starting tonight our time in Italy, with a press conference tomorrow night. Watch for Syria to dominate, and perhaps Brexit.

 

In China, March consumer inflation is out on Wednesday and Dr Oliver says it could rise to 1.2% year on year after FebruaryÃÆâ€â„¢ÃƒÆ’ƒâہ¡ÃƒÆ’‚¢ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¡Ãƒâہ¡ÃƒÆ’‚¬ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¾Ãƒâہ¡ÃƒÆ’‚¢s surprise fall to 0.8%.He says though look for producer price inflation to slow to 7.5% yoy (from 7.8%.

 

Chinese trade data is out on Thursday is likely to show a slowing in import growth to 20% yoy but a pick-up in export growth to 10% yoy. Money supply and credit data will also be released for March.

============

 

keep eye these date od data release....

 

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