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for both comments - markets are not in sync as you say...
For today's trade I wrote of lower IB volume - which shows that some bigger players can push market down
and up to their benefit.
Even there are such moments in markets - one has to try, make the best out of the rules - and under
incertainty stay at the sidelines.
For sure more normalized charts will be seen.
To give some outlook - I am sure that the end year rally has started and we will have some very bullish
moves before end of year despite the political situation worldwide right now.
looks a bit shy bullish..
A important mark is 11200 which should be reached this afternoon to see higher prices before
end of year.
Price should end near that marker end of day.
today good IFO numbers calmed a bit the drop from the morning...
But the triangle forming right now does not really give good news
on FOMC this evening.
Could fix price resting under 11k - and after FOMC a sharp drop down.
Let's see
Wednesday special day before (trade until 16:30)
Thursday THANKSGIVING - no trade then but
Friday second to last day in month...
Monday LAST day of month
Stay tuned - very special situation here:
not much volume expected on Friday - but steady direction
and Monday some strong moves without much volume either.
For scared traders: stay at the sidelines until start of December!
