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USD Fx.......

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  • farmaholic
    Senior Member
    • Sep 2010
    • 17487

    #21
    Originally posted by farming101 View Post
    After the world ended on December 24 I wasn't sure what to expect next....
    Volatility?

    Next will be a negative wave after the tsunami.

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    • ajl
      Senior Member
      • May 2008
      • 3266

      #22
      The US market was getting overbought so it was due for a correction. Charts suggested it was oversold on Monday so was expecting a bounce today but did not expect this big of one. Fundamentally the US although it has obvious problems, remains strong so I suspect that it will slowly drift higher. Will take a while before it rivals the October highs again though IMO. Somebody made big buying premarket this morning.

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      • biglentil
        Senior Member
        • Jun 2015
        • 3307

        #23
        Originally posted by farmaholic View Post
        Volatility?

        Next will be a negative wave after the tsunami.
        Yep dead cat bounce imo without quatitive easing by the fed the liquidity drain guarantees bubble deflation.
        Last edited by biglentil; Dec 26, 2018, 16:00.

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