Index Trading, xjo, dow, dax, ftse

[nipper]

In Reply To: early birds's post @ Sep 30 2020, 06:47 PM

Looked that one up.. only place a self appointed bunch of egomaniacs could take a week off for a one day celebration (of the seizure of power)


National Day of the People's Republic of China. ...take a week off

[early birds]

In Reply To: nipper's post @ Sep 30 2020, 04:20 PM

people blame on the debate , i think something else .
their market gonna shut for a week, and a lot of things could happen. 2020 gonna be the year to remember!!

the selling is more to do with uncertainty as chinese went into their national day of holiday for a week?? [golden week or something]

anyway, asx200 needs to hold 5780ish, to keep upside intact !!imho

SPX tested 3350ish and met rs , if it not go back above 3350 next two session , then 3310ish still will be the target!!
but if it did close above 3350, that will sent most of market higher next week!!

[nipper]

In Reply To: early birds's post @ Sep 30 2020, 09:25 AM

asx200 future looks weak as it is. only to see today's range might trading between 5888 ... 5937, with 5900 as a battle line.

That battle was truly lost...... After opening weak, a half hearted morning rally, then a decline for rest of the day, finished 2.29% down and lost 23 pts at 4:10 close out @ 5816

[early birds]

In Reply To: early birds's post @ Sep 29 2020, 09:30 AM

as asian stock market been hit with wave of selling yesterday,
asx200 future looks weak as it is. only to see today's range might trading between 5888---5937, with 5900 as a battle line.
and today is last date of the months and also is quarter of last three months. so to see some balance action that nothing to do with stocks FA .

[early birds]

In Reply To: early birds's post @ Sep 28 2020, 09:06 AM

so, US market did punch through 3280, after dip below 3230. it finished in bullish trend. but still not out of woods yet.
if SPX get through 3315---3325, get on the long trade, if not, then stay aside!!

asx200, expecting it to test that 6000 again at open, keep eye on 6025, get through there i reckon should get on the long trade. imho.

kinda lean towards up side today, if one like to DT .

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

looks likw this posts from yesterday should've post this morning before the bell!!

SPX and EU market all had good session last night., so expecting asx200 to reacting positively today,
but i'm so sure what our market will react when the asx200 index hit through 6000 again?? [ suppose to be bullish]

[early birds]

In Reply To: early birds's post @ Sep 28 2020, 09:06 AM

asx200 future opened up a lot weaker than i thought . long bet is off the table for today, see how it goes.

[early birds]

so, US market did punch through 3280, after dip below 3230. it finished in bullish trend. but still not out of woods yet.
if SPX get through 3315---3325, get on the long trade, if not, then stay aside!!

asx200, expecting it to test that 6000 again at open, keep eye on 6025, get through there i reckon should get on the long trade. imho.

kinda lean towards up side today, if one like to DT .

[early birds]

whatch the SPX for it's first hour trading, looks bulls [ more likely market maker] try to force shorters to cover their shorts after breakdown the 3230level that trigger the longs to bail out at first half hour.

as the SPX cash market closed above 3230, there isn't much to do , but it looks like a short term short cover rally , not a bottoming setting to me!!
keep eye on 6280ish , hit through there that might bring out more bullish bet!! imho

asx200, again the future holds above that support level[5788ish2], now is at 5885, i guess it will hit through 5900 again today.

[early birds]

the future of SPX is sitting on the level 3230 now, expecting it to be broken intra--day . i guess it will target 3100ish [200 day ma] if it close below it at cash market.

asx200 will test that 5788ish , hope it can hold there, if not , then more of selling to come imho

as for today, range between 5850---5825????

[early birds]

In Reply To: tombeet's post @ Sep 22 2020, 04:11 PM

yeah, tombeet
the US market have a lot of reasons to this pull back. i do think USA will have second stimulus as election come close.
my view for this pull back is overbought, geo--risk, uncertainty of TIK TOK deal, all weighing up for this selling.
SPX bounced last night, but it far from out of woods . keep eye on 3325---3350, go over there will trigger short cover, down side target is 3230 the level is important for the bulls

asx200 future had good session last night, expecting some sota rebound from over sold level for short term. and it did hit support yesterday!!

like break record -----lean to long side if it opens 5830---[prefer 5825].imho