DollarBill
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Status Updates posted by DollarBill
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Hello Hyon. Welcome to BBT Denver traders. If you have any questions Nik, Marcel or myself will be happy to help you with your day trading journey.
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Hi Greg, welcome to the Colorado Group.
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SPY conditions as of Jan 9th, 2018. The market has retraced 50% to the 257-258 level with yesterday creating a daily doji candle. Appears to me the 262 area will be interesting as it is the daily 50 SMA and 61.8% retracement.
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SPY retraced to 280 and consolidated here from the last three days after the fed chair Powell made "market accommodating" comments two weeks ago.
The British Brexit is still a mess.
Trade tariffs between China are pending to increase if talks fail. China extended an olive branch by affirming purchasing of commodity goods like soybean, rice, and other raw materials.
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