The Brains Trust-2019, page-240

Hi @VVX565
I had a check of sto and really pleased with it

got through on short term
got through on long term and just backtesting here so this is point that counts for me on my charts which are a bit different to most

so if backtests successfully then will give the completion of the hammer and the big green rise on the monthly

if it doesnt then it is the realisation that this time frame and reaction test is not the one to do it for sto on this run
next test for sto would then be around july 2019 but we will see in this quarter playing out here


hi @paddington bear your low on spx of 2200 seems to be holding . I think on a big picture I tend to overcomplicate things. Trump wanted a lower $US. Fed Reserve has now complied and gone soft on threat of losing their jobs so money flowing back into spx and stocks on basis interest rates not shooting up at moment. gold has risen on basis rates gone soft

asia and US to sort out their differences

so no guarantees but we are not in a GFC situation here. I was in US last year with full employment and positions on offer.
next macro will be wage growth everywhere
but at moment i can see upside before we see rates rising
so this period is churn for mine. no banks. no blue chips. spx 666 to 2120 was my run and a hell of a ride and really happy to see $US and dow under pressure for once and our commods having their turn. that straight line up on spx ran for how many years. would be nice if asx commods now gets the same run and float up. range for this churn is spx 2200 to my old target of 2920 and then see where we lie and if gives some trades one way or other

I am back working again this week. hard slog but found my mojo again and enjoying it for once
all the best