STAY LIVELY! Can a single candle mean something?
Updated
Patterns tend to repeat themselves. There is an interesting similarity happening here.
Bear in mind that the markets are random but do hold hidden patterns.
Caution and controlling loss are the big priorities. Positioning the next.
I'm stalking this situation very carefully. No predictions today or at any other time.
Disclaimers: This is not advice or encouragement to trade securities. Chart positions shown are not suggestions. No predictions and no guarantees supplied or implied. Heavy losses can be expected. Any previous advantageous performance shown in other scenarios, is not indicative of future performance. If you make decisions based on opinion expressed here or on my profile and you lose your money, kindly sue yourself.
Bear in mind that the markets are random but do hold hidden patterns.
Caution and controlling loss are the big priorities. Positioning the next.
I'm stalking this situation very carefully. No predictions today or at any other time.
Disclaimers: This is not advice or encouragement to trade securities. Chart positions shown are not suggestions. No predictions and no guarantees supplied or implied. Heavy losses can be expected. Any previous advantageous performance shown in other scenarios, is not indicative of future performance. If you make decisions based on opinion expressed here or on my profile and you lose your money, kindly sue yourself.
Note
I've been really studying hard the relationships between USTECH and other stock indices down to 30 second intervals. What I've discovered so far is this:1 - all indices are influenced by USTECH direction.
2 - there may be a time lag between other indices moves and that of USTECH varying from instantly to about 15 min.
3 - the Aussies (AUS200) seem to follow USTECH very closely but still with some delay (instantly to about 15 min).About 60% of the time the AUS200 will lead the USTECH or be very magnified in its moves.
4 - The DAX doesn't follow the USTECH very closely or with close lag. The DAX can be quite delayed for up to 2hours in following USTECH and then when it moves, it's a major move. This creates a potentially great exploit - requiring much experience.
5 - In Indians behave similarly to the DAX.
6 - The DJI lags behind USTECH from instantly to about 15 min.
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