Hi fellow
Stock indices --- blood bath as we predicted in our report since 20 feb 2015 ---- no one to blame but just learn the lesson hard way and problem with world 2nd largest economy is a suspicion that things could be much worse than is officially being let on –As the Easy money or free money available to them they blew the Bubble ,The Shanghai index jumped from 2000 to 5000 in one year, not because of Chinese growth, but because of cheap American loans @1-2% pumped into Chinese stock market. What is the use of pumping in millions into a country that utterly ignored its domestic market and may be investing the bond markets and other markets now after the few years they will learn the lesson –policy makers – learn the lesson but smart investor should make a fortune out of it
Wait and Watch!!
Euro 11552
Very short-term outlook: mixed with Bullish bias
Short-term outlook: mixed projected tgt 11794 (if break above 11842 then new high still possible around 12340)
Now market is in recovery mood and could pull back towards 11145 ish on charts
Trade
Short @11794 stp@11848 tgt 11248
Long @==== waiting for entry
Cable 15790
Very short-term outlook: mixed with Bearish bias
Short-term outlook: Mixed
Trade long@-15725 stp@15678 tgt 15977
Short @16177 stp@16247 tgt 15872 (Good till Friday MOC)
GOLD 1147
Very short-term outlook: mixed with bullish bias
Short-term outlook:
The Gold break above 1107 confirm the Bull is in control of the market Trade
Day Trade
Long@1137 stp@1126 tgt 1182
Short @1205 [email protected] tgt 1128 (Valid till Friday Close)
NQ 100
Very short-term outlook: mixed with bearish bias
Short-term outlook: BEARISH
HYPOTHETICAL PERFORMANCE RESULTS HAVE MANY INHERENT LIMITATIONS, SOME OF WHICH ARE DESCRIBED BELOW. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN.IN FACT, THERE ARE FREQUENTLY SHARP DIFFERENCES BETIEN HYPOTHETICAL PERFORMANCE RESULTS AND THE ACTUAL RESULTS SUBSEQUENTLY ACHIEVED BY ANY PARTICULAR TRADING PROGRAM.ONE OF THE LIMITATIONS OF HYPOTHETICAL PERFORMANCE RESULTS IS THEY ARE GENERALLY PREPARED WITH THE BENEFIT OF HINDSIGHT. IN ADDITION, HYPOTHETICAL TRADING DOES NOT INVOLVE FINANCIAL RISK AND NOHYPOTHETICAL TRADING RECORD CAN COMPLETELY ACCOUNT FOR THE IMPACT OF FINANCIAL RISK IN ACTUAL TRADING. FOR EXAMPLE, THE ABILITY TO WITHSTANL LOSSES OR TO ADHERE TO A PARTICULAR TRADINGPROGRAM IN SPITE OF TRADING LOSSES ARE MATERIAL POINTS WHICH CAN ADVERSELY AFFECT ACTUAL TRADING RESULTS. THERE ARE NUMEROUS OTHER FACTORS RELATED TO THE MARKETS IN GENERAL OR TO THE IMPLEMENTATION OF ANY SPECIFIC TRADING PROGRAM WHICH CANNOT BE FULLY ACCOUNTED FOR IN THE PREPARATION OF HYPOTHETICAL PERFORMANCE RESULTS AND ALL OF WHICH CAN ADVERSELY AFFECT ACTUAL TRADING RESULT
Recommended Content
Editors’ Picks
AUD/USD: Gains appear capped near 0.6580
AUD/USD made a sharp U-turn on Tuesday, reversing six consecutive sessions of gains and tumbling to multi-day lows near 0.6480 on the back of the robust bounce in the Greenback.
EUR/USD looks depressed ahead of FOMC
EUR/USD followed the sour mood prevailing in the broader risk complex and plummeted to multi-session lows in the vicinity of 1.0670 in response to the data-driven rebound in the US Dollar prior to the Fed’s interest rate decision.
Gold stable below $2,300 despite mounting fears
Gold stays under selling pressure and confronts the $2,300 region on Tuesday against the backdrop of the resumption of the bullish trend in the Greenback and the decent bounce in US yields prior to the interest rate decision by the Fed on Wednesday.
Bitcoin price tests $60K range as Coinbase advances toward instant, low-cost BTC transfers
BTC bulls need to hold here on the daily time frame, lest we see $52K range tested. Bitcoin (BTC) price slid lower on Tuesday during the opening hours of the New York session, dipping its toes into a crucial chart area.
Federal Reserve meeting preview: The stock market expects the worst
US stocks are a sea of red on Tuesday as a mixture of fundamental data and jitters ahead of the Fed meeting knock risk sentiment. The economic backdrop to this meeting is not ideal for stock market bulls.