@David_Tracey@newjez@thuhkang@KobeissiLetter@kenr0966 I was confident Fri, or at least had a bias we'd really and close above the 200. A weekly close below that feels like the market is confident this isn't over for now. Could all change very quickly but long feels dangerous here now
@David_Tracey@KobeissiLetter@kenr0966 The problem is backing out of this is a lot harder than pulling back on tariffs with the snap of a finger. The bond market is leverage for Iran, and he needs them to cooperate. He'll be desperate for an off-ramp but it might take a few weeks to get one.
@igal_n@MarioNawfal NATO is a defensive alliance, no European country has any business attacking Iran. That's how world wars start. International law and process matters. And I thought their ability to develop nuclear warheads was destroyed in June? No one actually knows what the objective is.
@David_Tracey@5liveSport@BBCSport@BBCSounds Definitely. Many good players, few elite. And fewer characters. Even the world cup winning side; Wilkinson, Johnson, Robinson, Greenwood. All of them had a bunch of confidence, but a humility with it. Never underestimated an opponent.
@B_SandhuLondon Ah mate, I'm sorry ๐ Horrible when they're sad and you can't do anything about it. Got everything crossed it's a shallow one and Alfie is out, ears pricked and ready to go very soon ๐
@B_SandhuLondon The poor lad must think you've turned on him. But why dad, why can't we go out anymore. Ripley would've been running up the walls by now
Bitcoin: Broken out of its range โ Broken out of a downtrend โ Doesn't look like a very good short to me. Unless it's a monumental fake out could see 82-84k from here. Maybe a retest of the 69k area at some point.
@David_Tracey Tucked away a nice short earlier but looking very ominous for bears now. Their last hope is that 905-10 area I think barring any news nonsense
Turns out my daily points were short. Nice resistance correlation between SPX and Nas - shorted Nasdaq at 24845, 13 points drawdown, out at 24777. โ Done for the day cheers!
@David_Tracey Real decision time for the remainder of the week here. 850-900 Nasdaq and ~840-50 I have for SPX as pretty important. If we blow through here I think 25200 on Nasdaq by end of week. A big fail and I think bears will win the day. Crunch time!