dc2000
Veteren member
- Messages
- 4,766
- Likes
- 129
The two numbers set in stone for November 5089 +(5426 almost there)
very impressive DC2000.
Congrats. I wish I had just a small % of your ability.
thankyou for your kind words
The two numbers set in stone for November 5089 +(5426 almost there)
very impressive DC2000.
Congrats. I wish I had just a small % of your ability.
Thank you People's Bank of China. It was starting to look like we might range until ADP non farms, but at 11:01am we got the surprise and somewhat confusing news that the PBOC had dropped reserve rate or possibly the benchmark, and it caused a run on stops. At 10:55am it was looking tired and I was doubting its ability to hit DC's 5365 target, but it's amazing what a total surprise can do to the market.
Wow - nearly 100 points in 5 minutes. Anyone know why?
Wow - nearly 100 points in 5 minutes. Anyone know why?
a very good example of why stops are so important I think .... market was clearly tipped about these annoucements, which is why the price action has been so wierd
that was just a rally to push up through resistance aka glass ceiling
it would be nice for a pull back to confirm the break but it may not want to do that just yet
so I expect to see it higher
Duncan - it was due to the Fed, ECB, BoC, BoJ and SNB making a coordinated announcement that they were all going to provide liquidity to anyone.
I'm off to my local branch of the Bank of China with my loan application.
Thanks Martin.
Did you get that announcement through the Ransquawk service?