OASIS FORUM Post by the Golden Rule. GoldTent Oasis is not responsible for content or accuracy of posts. DYODD.

European stock futures are up but only about .5%-not confirming the U.S. euphoria=the hope for a peaceful outcome

Posted by Richard640 @ 9:18 on March 26, 2018  

of the trade issues—that and the somewhat oversold condition of u.s. stocks   have produced this fortuitous concatenation that has caused the surge in futures. I

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In my ‘humble opinion [in my best Uriah Heep voice], selling into this opening rally might be good risk/reward.

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G&S are resilient…indicating that some kind of labored rally may take place for the next week or 2–an impulsive rally would be welcome but not likely given the past 7 yrs. experience. In the pre-market G&S stocks and ETFs are marginally in the green–the splendid COTs have yet to exert their influence…the $ index is down .170 and trying to recover from an even lower number.

http://futures.tradingcharts.com/marketquotes/DX.html

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G&S may not sink but they seem to be in lockdown for the day…if stocks roll over and go into the red, maybe they will break loose..other than that….I won’t hold my breath.

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.