Dollar get sold off across the board as a result of worse than expected NFP, making it likely for the Fed to keep rates at prolonged period.
With 5 waves from 85 visible, bearish divergence between stoch and price, and rejection of SMA 200 days (9350), MTD 7 high just might really arrive this time. IF MTD 7 high really arrives, counting 15-20 calendar days from Jan 8 brings us to the week of Jan 25 - Jan 29 as potentially the time for MTD 8 low.
5 comments:
I follow this Blog a long time now and I am impressed about the reliability. But where can I find books or anything else to learn Delta Trading? I don`t understand the system.
regards from Germany, Stephan
Yup e Annular Eclipse of the Sun on 2009 January 26.
Steve
Hi Stephan,
I'd recommend either Market Matrix book, Delta Phenomenon book, or Delta training CD. Reading and having them are also ok =)
I've forgetten my password for the blog I started last year, so I've started another one.
http://marketmusings2010.blogspot.com
I can't promise that I'll update it nearly as regularly as yours !!
Hi Market Musings,
That's awesome! I've added your new blog to follow.
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