evilspeculator's Blog

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Getting Paid On Thursday


Equities have dropped a little lower overnight and we're now testing the 100-hour SMA. If I wasn't long already in my ongoing campaign I would be here with a stop below ~1958. If supports fails then the next probable scenario is a visit of the lower 100-hour BB which coincides with NLSL at 1944.5.
Here's another view at the scenario on the hourly panel - the onus is now on the bulls to keep up the pace or we run the risk of a little correction.
Platinum was one of our short setups from last nig…
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Don't Be Afraid Of The Boogeyman

It's fascinating to me what passes for financial reporting these days. This morning I came across a little jewel by Mark Ackerman who once again blames the big bad Market Bogeyman for the fact that equities have not crashed and burned this fall. I guess it's that time of the year again - and no I'm not talking about Halloween. After all October is high SKEW month and how dare equities NOT fall off the plate six years and counting! Be this as it may - we are used to seeing our daily dose of dooms…
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