Market has blown trough the 50% FIBO and Third Daily AP Yesterday, which often signals proximity of exhaustion. IT has reacted today lower , so far. But the 62 Fibo at 838 looks to appealing. Is market going to pass it. Signals are getting mature on MDS as well. We shall see!
812.39 815.89 821.63 828.49 emini
804.62 801.12 795.38 788.38
30.86 31.06 31.39 31.78 qqqq
30.42 30.22 29.89 29.49
814.82
817.36
821.53
826.50
spx
809.18
806.64
802.48
797.40
428.08
429.44
431.67
434.34
$rut
425.06
423.70
421.47
418.75
27 comments:
Dear Boris,
Good morning.
Never know what to expect these mornings when I get to my computer:)
Thanks for your work.
Good living.
Bert
Boris
Good morning.
old john
Dear Wanderer,
Good To live with nice expectations
Good Trading
Dear John,
Good Trading to you My Very Dear Friend.
Dear Boris,
It appears the Eur/usd should be topping around 1.3630 today. People betting on eur beggar's thy neighbor policy too?
Dear Mike,
We have called for EURO to top exactly around 1.38 area and get weeker into the Mid/End April.
I think we are on schedule, with the proper implications for stocks as well.
Good Trading
Barring any kind of a strong spurt to the upside, this market is/will be turning the Hourly channel down within next couple hours that could be the start of the end of the first phaase of this rally
Good Trading
did we see gold for what it was upto yesterday?
what did we call it?
Suicidal Maniac?
Well!
Good Trading
Hi Boris,
what did you mean: 'of the first phase of this rally'?
Thanks, Ivan
Dear Ivan,
I am saying , I guess that I do not think this rally is done. And likely short term highs are still ahead of us.
Good Tradiang Dear Ivan
Market ST shifted down few minutes ago
Good Tradng
clearly market long has shifted into positive short term trend and is now, perhaps , definitely targeting the 838 ( 62% FIBO ), most likely tomorrow?
A new high today or inside day with high side close will be clear indication of such
Good Trading
Well, for today we have the Maestro Pavrotti,
Is there a day that is not PAVAROOTI kind of day.
Not in my life(:-
NESSUM DORMA
Enjoy
My Dear Friends
Market shifted back into ST down,
10 minutes ago
Haven't posted in awhile but am usually here part of the day. I have also thought about how music is alot like trading. I live 20 minutes from "Music City", Nashville, TN. Many who live around us are in the business. I cannot think of one of them that has any interest in the markets. Their minds are very different from mine. The writers that I know are creative and fairly undisciplined whereas the musicians are disciplined in their craft. Studio musicians are the absolute best. My best friend has played guitar on over 250 CDs of people we all know. Our favorite place to go is the Bluebird Cafe, two shows each night, seven nights every week. It's in the round featuring some famous and some struggling. It's like heaven listening to Ricky Scaggs playing with the Nashville Symphony. You got me going.
Dear Phil,
Great,
I wish I could be there to share with you all thosoe evenings nights.
I still remember spending a lot of my time on the 6th streeat of downtown AUSTIN, with the likes and look a likes of Willie Nelson. I can never forget those days.
I envy you being where you are.
Musitians are not analytic type of people, we Physicissts and ENgineers are more of "find what is inside" type of people and we get involved beyond emotional levels.
You know love the musitians theirs is a view totally flowing from the blood and no analytics.
Well, There is place for all kind of people and I miss the kind of people you are talking about.
Need to be often more in USA on better ocasions.
Good TO hear from you Dear Phil
Good Trading My Dear Friend
Dear Boris Thanks for the music! If you want to hear the voice of an angel you tube Anita carter all my trials.Warning you may shed a tear for a glimse of heaven. Your friend jim.
Dear Jim,
Thanks
She certainly flows like a River.
INCREDIBLE!
Good Trading Dear Jim
The Market is totally bound today.
Hihg the 3rd IHAP.
Low the 3rd ILAP.
INCREDIBLE
Good Trading
On the other hand the Market is really, unable to hang up high and has allowed the Hourly channel to tilt down, which could make today the day market has topped on the intermediate term.
ST is down at this time
Good Trading
Boris, if this was IT top, what could be first correction target? Fibo 38=763?
Thanks, Ivan
Dear Ivan
Sounds Reasonable as a target
Definitely
Good Trading
Market has finally broken the bracket of the day below!
Good Trading
Low fifth is about 800
Good Trading
Boris... Even when manipulated, the market eventually seems to listen to you. (kidding) :)
Thanks for the timely advice. Most helpful...
Dear Vin,
I only rely what I feel in my bones.
I thought market was kind of like an individula that got upto the toll tree and is trying to come down. In order confuse some people it tryed to go up, but not too many takers?
I guess so, But It does not really matter what I think. It matters what the market does and there are objective measures for that ( 3even what the market will do!)
Obvious measures today where:\
1) Market could not create a power close
2) Market did not move to 62 FIBO
3) Market broke down the range of today
4) Started bending the hourly Channel, cleary indicating, at least a temporary and now pronounced weakness.
WiTH APS having as possible BUS startions. One can not go wrong and feel the market "INTENTIONS"
It takes time, but we all get some degree of that "FEEL OF MARKET" and the ROAD MARKS help
Thanks Dear Kevin,
I know you are a good student(:-
Good Trading
Boris
good morning
old john
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