Market Report 12/22/15/Save the last dance for me.
Yellen is dancing again in her declining triangle, futures -6, Triple resistance at 17523, support at 16900, critical 17417, cover short trailing stop triggered at 17302, gain(100). USD/CHF decline to continue, Resistance 1.0028, Support at 0.9792. The hypothesis is again Trump loves me, Trump loves me not , over and over until
1. Hillary is elected and market opens on upside gap in anticipation of another four great years of Clinton/Buffett economics of printed money or until
2. Trump is elected and market opens on a 2000 points downward gap in anticipation of painful reforms.
The way Yellen is dancing dressed in white and flying around in a brand new broomstick, one must to assume that the Establishment still thinks that Trump is a clown who will pale away in his stupid golf courses and be quickly forgotten, in fact Jeb said today that he expects to be the GOP choice for President.
The only sign that there are hidden developments is the US dollar that is in a down trend, a contradiction since Yellen said that rates are going up. Therefore she is lying again, and the money printing will continue to depress the dollar, de-facto raising interest rates from overseas Forex pressure. Watch the stops and try to snatch some money here and there until the break is indisputable.....Disclaimer: Investing in the stock market involves risk of loss. The market commentary provided by bibi1581.blogspot.com is for entertainment purpose only, and it is not to be construed as suggestion or investment advice to buy or sell securities. Always consult a registered investment professional or broker before committing money to any stock or option instrument. Bibi1581.blogspot.com is not responsible for any direct or consequential losses incurred in violation of this disclaimer. Read all SEC rules and regulations before making investment decisions.
1. Hillary is elected and market opens on upside gap in anticipation of another four great years of Clinton/Buffett economics of printed money or until
2. Trump is elected and market opens on a 2000 points downward gap in anticipation of painful reforms.
The way Yellen is dancing dressed in white and flying around in a brand new broomstick, one must to assume that the Establishment still thinks that Trump is a clown who will pale away in his stupid golf courses and be quickly forgotten, in fact Jeb said today that he expects to be the GOP choice for President.
The only sign that there are hidden developments is the US dollar that is in a down trend, a contradiction since Yellen said that rates are going up. Therefore she is lying again, and the money printing will continue to depress the dollar, de-facto raising interest rates from overseas Forex pressure. Watch the stops and try to snatch some money here and there until the break is indisputable.....Disclaimer: Investing in the stock market involves risk of loss. The market commentary provided by bibi1581.blogspot.com is for entertainment purpose only, and it is not to be construed as suggestion or investment advice to buy or sell securities. Always consult a registered investment professional or broker before committing money to any stock or option instrument. Bibi1581.blogspot.com is not responsible for any direct or consequential losses incurred in violation of this disclaimer. Read all SEC rules and regulations before making investment decisions.
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