Not quite but set-up suggests higher probability for downside action
Key stats today
Neural has flipped back to zero (repeats earlier pullback patterns in recent trend)
Predicted short term difference below zero - always bearish and both this indicator and predicted medium term differnce have...
Apoloies for the clapping graphic but the last 10 days have been cr*p
Today wipes it all out and and puts me on target
Heavy trading session since FOMC - the pop didn't seem right - closed out my hedge at a nice profit and added to a daily option short and it worked - but I left a lot of money...
Thanks Robinc - looking for a graphic of a bath though!
DSL - hedge is simple binary trade on DJIA (in my view the only time such instruments are remotely useful).
I am still long NatGas and now making good money up 120 pips - many reasons but also note the differentials between oil-gas has been very wide recently. NatGas may now be in a channel to the upside.
Made small risk entry on USD/JPY to long side earlier at 9130 with long stop at 9003
Have a...
Weak dollar feeding into commodities by the look of it
A little insight into dollar might the US Treasury activity here's one view though not an entirely clear one:
Dentist
I agree which ever way you look at it - looks like a turn
Maybe one to trade and hold - My VP will surely give a strong trade probability tomorrow and with WS analysis then just checking monthly/weekly/daily and hourlies and your chart here it seems one to go for.
Hope you're feeling OK
Da.DesiTrader re OIL
Yep exactly - not one for me at the moment - but I'm not normally a day trader - others may find opportunities.
I'm just trying to pick out trends and follow them.