Wednesday, July 08, 2020 3:51:05 PM
Canaries.....
Monitor it closely tho by all means....and don't wait until it HITS the red 2000 to trade ! (would be askin for whiplash there)
Understand that the Nikkei has a 24,000 Magnet (and even a 40,000 one !)
And as long as the DAX remains above 12,500.....
It can be far easier to read THESE Indices than it is to read the SPY !
It can be easier to judge/monitor the weakest (rustiest) links that it is to judge the strength of the strongest link (US)
Monitor it closely tho by all means....and don't wait until it HITS the red 2000 to trade ! (would be askin for whiplash there)
Understand that the Nikkei has a 24,000 Magnet (and even a 40,000 one !)
And as long as the DAX remains above 12,500.....
It can be far easier to read THESE Indices than it is to read the SPY !
It can be easier to judge/monitor the weakest (rustiest) links that it is to judge the strength of the strongest link (US)
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