toosday tempura trading, page-77

by50,

sold out a little early did we? Shorts getting stopped out maybe. LOL.

Market is run by fools with mob sentiment add derivatives/shorts to bring higher volatility.

Often the index has little to do with fair value.
If that was the case a range between 3 and 4k would fit the xjo.

Lunar cycles should see a retrace this week IMO.
Interesting now we're looking for reasons for a reversal.

The reporting season will be interesting not only on earnings but on how the market perceives the derived earnings ie. growth or cost cutting.

The day we see a strong finish may well be the reversal we're looking for.

Good trading to all. Don't trade on these opinions. P.