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Temujin commented Apr 19, 2020The market corrected to the upside with all the Central Bank stimulus around the globe but as the data keeps coming in it will sell off again. I think once the DOW gets past 25,000 the selling will start again.
Capital Markets Stabilize before Economies
- Temujin replied Apr 12, 2020
Looks to be headed to the 14 week EMA before it falls. 1.25XX?
Cable Update (GBPUSD)
- Temujin replied Apr 12, 2020
Initial market reaction is meh but at least oil will have a support now with the agreed production cut.
Crude Oil
- Temujin replied Apr 5, 2020
Yes, in Limbo right now. Maybe Tarrifs, meeting APR 9. The market hates uncertainty.
Crude Oil
- Temujin replied Mar 10, 2020
We will see a rise back to $40. Putin is totally bluffing on producing oil at $25 to $30 for 6 to 10 years. He has already hinted on the willingness to talk to Opec. They cannot produce a $40 barrel of oil and then keep selling it for $30. Upward ...
Crude Oil
- Temujin replied Mar 8, 2020
Yeah, the futures market opening is gonna be UGLY, especially oil. Virus is spreading in Italy like wildfire and killing many. S&P to 2,600
S&P500 trading
- Temujin replied Mar 7, 2020
Looks like the 2,700 area is next. Infection rates and deaths from COVID-19 are staying on the uptick.
S&P500 trading
- Temujin replied Nov 10, 2019
Santa Clause rally to 3,300 then done. The 10 year bull market is over starting year 2020
S&P500 trading
- Temujin replied Aug 20, 2019
Oh yes! Sterling coming back to life, back above 1.21 I need 1.2176 by Friday. NADEX.
Cable Update (GBPUSD)
- Temujin replied Aug 20, 2019
Boris Johnson messed up a good long with his Brexit Comments. I guess the Pound is all about that until Halloween.
Cable Update (GBPUSD)
- Temujin replied Aug 18, 2019
Very good, thanks. Yes, I believe the worst case no deal scenario is already priced in as markets are 6 months forward-looking. On the USD side the Fed has already begun to cut rates to avert another economic disaster. Sterling up from here to 1.25.
Cable Update (GBPUSD)
- Temujin replied Aug 13, 2019
Oh yes, got in Sunday night at 105.70. Was huting for a while but TRUMP!
USD/JPY Discussion