maxaus

maxaus

Trump exaggerated seriousness of sanctions against Iran. Considering that 80% of Iran's economy crippled by existing sanctions, new sanctions announced by Trump yesterday were aimed at heads of the Republic. Market reacted positively (as it's not a war), shooting up toward 26830. Right now we are in range trading which will probably last until Monday, pending...

maxaus Updated 

Short. Stop @ 26780, TP 26715

maxaus Updated 

It looks as though the market didn't even notice news about imposing serious sanctions on Iran on the weekend. Good for us. We're still within bullish channel. I've entered a long position at 26700 this morning with a stop at 26660. TP at this stage 26900. -=Never give up=- DISCLAIMER There is a very high degree of risk involved in trading. Past results are...

maxaus Updated 

Tight stops, going long.

maxaus

As always, Trump likes it to make important decision while markets closed or on weekends. This is market manipulation, probing waters with airstrikes days earlier and calling the off shortly after. Now we need to dump or release some bullish pressure to go to ATH or 3000 SPX. This is not trade war with China, hence I don't anticipate any huge down movement at the...

maxaus Updated 

Formed a flag. Europe produced positive economic data. Looking for a slight false break out down and then break out upward. No bad news on the horizon. Can't see any reason why dump now. Ultimate target on SPX 3000. -=Never give up=-