Do you remember 2016?
Updated
2016, Stockmarket Headlines:
USA: Donald Trump victory would crash the Dow.
Japan: The BoJ is going to crash the Nikkei.
Italy: If Matteo Renzi will not win the Constitutional Referedum than the FTSE/mib will crash.
For sure.
You know what also is definitely for sure? Anaylsts and Traders don´t care about theire own predictions form last year. They just buy. Now. And they will buy three (!) major indices almost same time above 20k. This is called (in my words): Stockmarket Capitulation to the upside. If you look back you might not find this so often. But today or in the next days you can see this probably.
Remember the 2016 Bears telling you that stockmarkets are going down for sure only few weeks ago? Gooogle what they are telling you today and next week.
Try it.
USA: Donald Trump victory would crash the Dow.
Japan: The BoJ is going to crash the Nikkei.
Italy: If Matteo Renzi will not win the Constitutional Referedum than the FTSE/mib will crash.
For sure.
You know what also is definitely for sure? Anaylsts and Traders don´t care about theire own predictions form last year. They just buy. Now. And they will buy three (!) major indices almost same time above 20k. This is called (in my words): Stockmarket Capitulation to the upside. If you look back you might not find this so often. But today or in the next days you can see this probably.
Remember the 2016 Bears telling you that stockmarkets are going down for sure only few weeks ago? Gooogle what they are telling you today and next week.
Try it.
Trade active
All three Indices are closing in 20.000 now. It looks like that its only a days tradingrange in each Index to knock at the 20k level and maybe just on or 2 days more to cross 20k.Note
CBOE Intraday Volume P/C-Ratio rising to 1,17 before the final hour at the NYSE.Same time the dow is down only 64 points.The longterm Chart is showing what this means:
ycharts.com/indicators/total_putcall_ratio
Note
Note
Note
Watch on Monday the FTSE/mib for rocket straight up gains.The reason why:
cnbc.com/2017/01/08/5-star-founder-proposes-divorce-from-ukip-in-eu-parliament.html
Note
Italy: Consolidation Pattern. The FTSE/mib will rise above 20kinvst.ly/34plc
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