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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?


To: freelyhovering who wrote (83014)6/2/2016 6:10:27 AM
From: GROUND ZERO™  Read Replies (1) | Respond to of 218247
 
All global markets are connected in some way...

Until we break below this line again I can't suspect this market is going down... the pic isn't clear but the overhead line shows that the market did break below and then recover... so, I'll need to see how it develops from here...



GZ



To: freelyhovering who wrote (83014)6/2/2016 8:26:46 AM
From: GROUND ZERO™  Respond to of 218247
 
Merrill indicator signals 19% market rally ahead

Bank of America Merrill Lynch alerted clients to a potential rally ahead based on one of the firm's quantitative models that has a 97 percent success rate.

The SP at 2500??? EGADS!!!

cnbc.com

GZ



To: freelyhovering who wrote (83014)6/2/2016 9:14:03 AM
From: Hawkmoon  Read Replies (1) | Respond to of 218247
 
I wouldn't be so sure about China having bottomed..

Apparently a $92 million futures contract sell triggered a flash crash over there the other day..

Not much liquidity, although I'm sure the PBOC is attempting to prop up the markets..

zerohedge.com

Hawk



To: freelyhovering who wrote (83014)6/2/2016 9:52:36 AM
From: GROUND ZERO™  Read Replies (2) | Respond to of 218247
 
Also just bought some JNUG...

GZ