The 4 week rule break out up last week, in the 30 year contract suggest higher contract prices. The opening INDU gap today is a OPPS sell down, which have several clusters of harmonic Time Price (daily and weekly) levels off the INDU/SP market from the all time high to the recent Auggie lows.
John JayOct 5, 2015 @ 0:24
Of course,
We are following the path blazed by Japan 20 years ago.
Look at their government paper interest rates.
Look at their zombie banks.
For that matter, what nation on this planet has an old fashioned economic system where a trade imbalance is settled by the transfer of gold bullion?
The Swiss made a feeble attempt at that in the FX market, but gave up when their exports were threatened by a strong Franc.
Comments on this entry are closed.
The 4 week rule break out up last week, in the 30 year contract suggest higher contract prices. The opening INDU gap today is a OPPS sell down, which have several clusters of harmonic Time Price (daily and weekly) levels off the INDU/SP market from the all time high to the recent Auggie lows.
Of course,
We are following the path blazed by Japan 20 years ago.
Look at their government paper interest rates.
Look at their zombie banks.
For that matter, what nation on this planet has an old fashioned economic system where a trade imbalance is settled by the transfer of gold bullion?
The Swiss made a feeble attempt at that in the FX market, but gave up when their exports were threatened by a strong Franc.
Everyone is running the same con.
It’s the only game in town.
Now and forever.