Timing Is Everything? - Part 4

Following up on Timing Is Everything? - Part 3....  
I believe the lows are in for most US indices. Will start building long positions beginning tomorrow and near market close on Friday. Best trading to everyone.... And just to re-iterate, these will be very small starter positions. I'm being very cautious.  
B For Bob - 09 Oct 2018, 06:45 PM
We Nattered back reiterating our previous Nattering...   "7320 NAS Futures sounds like a good resistance bounce point. Another seven trading days to reach October 15th - 19th inflection zone... that inflection point could also get drawn forward viz. Thurs Oct 11th. if it breaks 7160, then 6950 which is 10% correction zone. Beyond that we shall not comment."

Then musing.... Bounced off 7286 2 days back, as I write this treading water sideways chop at 7350.

Note to self SEVEN Treasury auctions this week totaling $230B offering.

Word to the wise, since tenders are generally 3 or 4 times the offering amount, one can count on near $1T LESS available for market liquidity.  See Treasury Direct Auction Announcements and Results.

Oh look, in the last nine minutes, 7350 failed now heading back to test 7300 and perhaps more.

What happens to CON-fidence, when Sears files BK over the weekend and misses their debt payment?

This is all I have to say, it ain't over till it's over... and this.  10 Oct 2018, 09:46 AM



More to come in Timing Is Everything? Part 5, stay tuned, no flippin.

Recommended reading:


Ruckus Premium? (Quarter End) 

Dark Side Of The Moon?
Dark Side of The Moon? Part 2
Timing Is Everything?
Timing Is Everything? - Part 2
Timing Is Everything? - Part 3

From Salmo Trutta:

The Dark Side Of The Moon: The Seasonal Clock
The Darker Side Of The Moon

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