Thread: tsptalk's Market Talk

Yeah, I'm not smart enough to know what to make of it. I was up in the wee hours watching stocks and gold go wild and I while I like technical analysis to tell me what's going on, I wish I understood why the Swiss National Bank's actions was throwing things into turmoil. It was sure fun to trade that kind of volatility and the wild swings made me understand that not too many people knew what to make of it either.

I do know the U.S. is seeing shaky data and that I get. But now the indices are turning green again, so what do I know.

Originally Posted by tsptalk

so what do I know.

You know how to run a good website.

Originally Posted by WorkFE

Now the futures are acting like the actual daily markets. Red green red green. this is gonna be fun.

Fun. R u Nnnnnnuts?

Are we at a bottom ? Do you feel lucky ??

Stocks have dropped enough to turn one technician

The bulls have been DOA today. Looks like at least one more day that the bears will be in charge. It could turn anytime, any day, but the fact that bulls are still letting this fall tells me we see more downside tomorrow. Where it closes, who knows, but the bears will try to push it down again tomorrow morning until the bulls make a stand.

Maybe Aaron Rodgers can get everyone to R-E-L-A-X and we can have a flat day tomorrow to develop a base. Sitting on sidelines here, but it stings a bit elsewhere.

One would expect follow through overseas tomorrow and morning rallies seem to go nowhere. Maybe a big drop at the open to a fill a small 12/17 gap will work instead? Let bulls sit on the bench and catch their breath. They're gassed.

Originally Posted by tsptalk

The bulls have been DOA today. Looks like at least one more day that the bears will be in charge. It could turn anytime, any day, but the fact that bulls are still letting this fall tells me we see more downside tomorrow. Where it closes, who knows, but the bears will try to push it down again tomorrow morning until the bulls make a stand.

Originally Posted by OBXTrader

Maybe Aaron Rodgers can get everyone to R-E-L-A-X and we can have a flat day tomorrow to develop a base.

I thought that was Frankie Goes to Hollywood?

https://www.youtube.com/watch?v=7WZ33w3B8Hw

S&P needs a little more upside action before the short-term downtrend is broken.

Some good action but the 20 and 50-day EMA's need to get out of the way...

Don't fear the reaper

tsptalk...Some good action but the 20 and 50-day EMA's need to get out of the way...

SPX closed at 2032, so far so good. tomorrow, ECB announcements !