Thread: tsptalk's Market Talk

Originally Posted by tsptalk

+1

I drew this up over the weekend...

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Good afternoon

Pre-markets were down at the open, but quicky recovered

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Good afternoon

Pre-Markets have been under much of the session, but fairly stable

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Oil again dictating the stock market movement. An oil report was released at 9:30 CT sending things flying in both directions.

Gold is at key long-term resistance via the 200-week EMA and the top of a parallel trading channel. But instead of backing down like prior tests in this weekly chart, it is trying to form a bull flag.

Good afternoon

Pre-Markets were down most of the session, but volatitlity appears low.

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A little bit of turbulence in Asia tonight with a few hours of trading left.

We could use a 1/2 to 1% down day here to take a little steam off...to continue moving higher.

Originally Posted by FireWeatherMet

We could use a 1/2 to 1% down day here to take a little steam off...to continue moving higher.

its been multi day we been up here. I feel like its ready to turn back around.

Futures were down the entire session

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