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Tuesday, August 6, 2013
JJC Copper ETF Daily Chart
Keybot the Quant, Keystone's trading algorithm, highlights in real-time what sectors or areas of interest are most impacting broad market direction. Over the last few days, copper rules the roost. Watch JJC 39.00 (thick black line) as the key market metric determining market direction tomorrow. Keybot calculates this number. Above 39 and the bulls will be sending the SPX higher. If JJC stays under 39, the bears will rule the markets moving forward. So there is a lot on the line when the Wednesday bell rings. Watch copper trading overnight for a heads-up on the way forward. The indicators are favorable for copper bulls (neon green lines) but he price low in late July was very cheesy and a test of the lower blue trend line should have occurred. The falling blue wedge remains in play. Price is at the top blue trend line. The pink descending triangle is in play as well so there is something for everyone. Note the sideways range through 37-39 for the last six weeks. Use that as the guide. Bulls win above 39. Bears win below 37. Market indecision continues through 37-39 (although the bias would be bearish). Copper will choose the winner and loser in Wednesday trading. This information is for educational and entertainment purposes only. Do not invest based on anything you read or view here. Consult your financial advisor before making any investment decision.
Due to personal reasons and to one special request made to me I will give up my project. My project interferes with the normal market dynamics between sellers and buyers and this is not ok.
Take care,
GS guy
p.s. this is my last post here and as a man of his word as I am, I will keep my decision. One more thing: the dummy Anon that posted 'Futures bright RED! Get SHORT now! Major 4 has commenced!' doesn't know what he's saying! No, Anon, It did not started yet! If shorting now you will be kicked hard soon in your portfolio! So many retailers don't understand that it's all a matter of market psychology ... HOW COULD MAJOR 4 HAVE STARTED NOW, DUMMY, with the present put-call ratio ?????????? Check $cpc and $cpce! Stupid Anon! (sorry KS for swearing).
GS guy. I am appealing to you, kindly reconsider your decision and continue posting on this forum! There is no way that I can trade major 4 without your mentoring! Furthermore, I can't express my disappointment. I really trust you will rescind your decision, or failing that can we receive your trading directives via electronic mail. I look forward to receiving your comments, and thank you in anticipation.
Did you lose the count? How about you just post when the top is in and when the bottom is in like you originally intended rather than the intraday comments and the banter with anons. I never came here for your analysis to begin with but I enjoyed reading the comment section. I'll never forget this quote from you:
"If I would enter in put options in a stock I would cause mayhem for that stock believe me.
I have the weight to distort even GOOG or AAPL, believe me. I don't do it because now I have no reason to."
Futures bright RED! Get SHORT now! Major 4 has commenced!
ReplyDeleteDue to personal reasons and to one special request made to me I will give up my project.
ReplyDeleteMy project interferes with the normal market dynamics between sellers and buyers and this is not ok.
Take care,
GS guy
p.s. this is my last post here and as a man of his word as I am, I will keep my decision.
One more thing: the dummy Anon that posted 'Futures bright RED! Get SHORT now! Major 4 has commenced!' doesn't know what he's saying!
No, Anon, It did not started yet!
If shorting now you will be kicked hard soon in your portfolio!
So many retailers don't understand that it's all a matter of market psychology ... HOW COULD MAJOR 4 HAVE STARTED NOW, DUMMY, with the present put-call ratio ?????????? Check $cpc and $cpce! Stupid Anon! (sorry KS for swearing).
GS guy
Thank you GS guy for helping us here.
DeleteDon't understand your decision, but I don't think that matters to you.
V.
GS, Thanks for everything sofar.
ReplyDeleteGS guy. I am appealing to you, kindly reconsider your decision and continue posting on this forum! There is no way that I can trade major 4 without your mentoring! Furthermore, I can't express my disappointment. I really trust you will rescind your decision, or failing that can we receive your trading directives via electronic mail. I look forward to receiving your comments, and thank you in anticipation.
ReplyDeleteLMAO GS GUY,
ReplyDeleteDid you lose the count? How about you just post when the top is in and when the bottom is in like you originally intended rather than the intraday comments and the banter with anons. I never came here for your analysis to begin with but I enjoyed reading the comment section. I'll never forget this quote from you:
"If I would enter in put options in a stock I would cause mayhem for that stock believe me.
I have the weight to distort even GOOG or AAPL, believe me. I don't do it because now I have no reason to."
Anyway, good luck and god speed GS Guy
Agreed. I just basically posted this same solution above in the morning wakeup section. :)
DeleteC.