• Comments for November 7, 2018

    Just a small comment for today as I returned only late yesterday and still need time to reconnect to the markets.

    We can see below that the 20DMF was displaying a positive divergence yesterday, indicating that investors were hopeful on a positive markets reaction after the elections.



    Except for the PM sector, all the main industry groups attracted money yesterday.



    The Futures themselves look positive



    Conclusions:

    After being out of the markets for one week, I'll try to get back today.
    Comments 3 Comments
    1. Sophie's Avatar
      Welcome back Pascal.
    1. andrew125's Avatar
      Welcome back. Hope you enjoyed Spain.
    1. Pascal's Avatar
      Thank you!!

      Indeed much enjoyable walks/tapas/cultural visits in a rather sunny/warm environment close to Granada.

      I made sure that the EOD database was still somehow running, but was otherwise disconnected from the markets.

      Now I need to come back in and trade wisely in an already overbought situation.


      Pascal