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


To: yard_man who wrote (195692)4/4/2024 4:06:43 PM
From: cycleupcycledown1 Recommendation

Recommended By
yard_man

  Read Replies (1) | Respond to of 219483
 
CNBC saying geopolitical jitters ( Iran ) is a factor in todays dive…Fed guy said there may not be a cut this year too



To: yard_man who wrote (195692)4/4/2024 4:09:15 PM
From: FCom7771 Recommendation

Recommended By
GROUND ZERO™

  Read Replies (2) | Respond to of 219483
 
If I piled on, it would surely shoot to the moon!

Have about 20K on the short side of metals - although the close was weak - the strength we saw earlier in the week could easily return.

If an intermediate top was formed today - they should gap down tomorrow and head sharply lower in succeeding days.

Hard to say what it will do but time will certainly tell.