Futures

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Budge
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Futures

Post by Budge »

Suffering with an allergic reaction (something in a load of pressure treated lumber). I don't trade when feeling a bit off. Just for giggles had a look through some futures charts.

Currencies. While many foreign currencies are low vs US$ they seem to be finding support levels.

Au: the daily is the only chart not overbought but is near 72 on RSI. Week, month, quarter and year all O/B on RSI. Same picture if you look at GLD etf.

Si: bit of a pullback on day but room to run on week, month, quarter but, so far, $34 shows up as resistance level on year.

Pa: hit resistance at 1220, support at 1080. Week says it goes higher as does month if it holds above 1140. If it does quarter says initial resistance 1770.

Brent: day - support at 70 (third dip down) resistance 75. Week maybe hold support at 69. Month says 69.90 was the support but quarter says it broke below 74 so that's the resistance. But everyone is waiting for more excrement to hit the fan in Middle East and maybe oil fields the next time.

Then what a delight we have here in the US. General Election. What cosmic force picked The Gunpowder Plot Day from 1605.

Remember, remember!
The fifth of November,
The Gunpowder treason and plot;
I know of no reason
Why the Gunpowder treason
Should ever be forgot!
Guy Fawkes and his companions
Did the scheme contrive,
To blow the King and Parliament
All up alive.
Threescore barrels, laid below,
To prove old England's overthrow.
But, by God's providence, him they catch,
With a dark lantern, lighting a match!
..whenever any Form of Government becomes destructive of these ends, it is the Right of the People to alter or to abolish it, and to institute new Government..
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SOL
Power VS Force
Power VS Force
Posts: 3267
Joined: Sat Sep 26, 2020 7:32 am

Re: Futures

Post by SOL »

Budge wrote: Wed Oct 30, 2024 8:19 pm
Then what a delight we have here in the US. General Election. What cosmic force picked The Gunpowder Plot Day from 1605.

Remember, remember!
The fifth of November,
The Gunpowder treason and plot;
I know of no reason
Why the Gunpowder treason
Should ever be forgot!
Guy Fawkes and his companions
Did the scheme contrive,
To blow the King and Parliament
All up alive.
Threescore barrels, laid below,
To prove old England's overthrow.
But, by God's providence, him they catch,
With a dark lantern, lighting a match!
Remember, remember, the mock and the splendour,
Of candidates’ promises thin as November.
Their whispers and blunders, their high-minded spin,
Reveal empty barrels, no spark from within.

A chamber of echoes, where truths twist and shift,
And each grasp at power’s a theatrical lift.
They strut and they posture, they fumble and flit—
Each one a twit in a farcical skit.

The masks may be gilded, their words wrapped in charm,
But their vows are as hollow as their cause for alarm.
Yet through all the darkness, the people stand bright,
Ready to pierce through the farce and the blight.

For promises falter, and truth shall ignite,
While twits play with shadows, the world sees the light.

2nd option

Recall, recall, the plots to enthrall,
The schemes of July and November’s call.
They whisper in shadows, they gamble and sway,
With gunpowder ready, come what may.

Through chambers of power, where morons hold sway,
The twits of the hour prance and betray.
The fuse is lit, by hands unafraid,
To burn through deceit, where their folly’s displayed.

For thunder may shake us, and flames rise high,
Yet out of the ashes, a phoenix may fly.
Gunpowder and fire—the cleansing spark,
To burn through corruption, the shadows so dark.

Let their schemes crumble, let sparks fill the air,
Sometimes, through chaos, the righteous fare.
With wisdom and fire, let justice ignite—
The people’s own glory, ablaze in the night.

I hope you feel better soon
When the words short term appear under any post; the same conditions listed in the Market update under the short term category apply

The end is always near; its the beginning and how you live each moment that counts the most
User avatar
Budge
Black Belt
Black Belt
Posts: 1099
Joined: Sun Oct 11, 2020 7:13 am

Re: Futures

Post by Budge »

SOL wrote: Fri Nov 01, 2024 7:36 am
Budge wrote: Wed Oct 30, 2024 8:19 pm
Then what a delight we have here in the US. General Election. What cosmic force picked The Gunpowder Plot Day from 1605.

Remember, remember!
The fifth of November,
The Gunpowder treason and plot;
I know of no reason
Why the Gunpowder treason
Should ever be forgot!
Guy Fawkes and his companions
Did the scheme contrive,
To blow the King and Parliament
All up alive.
Threescore barrels, laid below,
To prove old England's overthrow.
But, by God's providence, him they catch,
With a dark lantern, lighting a match!
Remember, remember, the mock and the splendour,
Of candidates’ promises thin as November.
Their whispers and blunders, their high-minded spin,
Reveal empty barrels, no spark from within.

A chamber of echoes, where truths twist and shift,
And each grasp at power’s a theatrical lift.
They strut and they posture, they fumble and flit—
Each one a twit in a farcical skit.

The masks may be gilded, their words wrapped in charm,
But their vows are as hollow as their cause for alarm.
Yet through all the darkness, the people stand bright,
Ready to pierce through the farce and the blight.

For promises falter, and truth shall ignite,
While twits play with shadows, the world sees the light.

2nd option

Recall, recall, the plots to enthrall,
The schemes of July and November’s call.
They whisper in shadows, they gamble and sway,
With gunpowder ready, come what may.

Through chambers of power, where morons hold sway,
The twits of the hour prance and betray.
The fuse is lit, by hands unafraid,
To burn through deceit, where their folly’s displayed.

For thunder may shake us, and flames rise high,
Yet out of the ashes, a phoenix may fly.
Gunpowder and fire—the cleansing spark,
To burn through corruption, the shadows so dark.

Let their schemes crumble, let sparks fill the air,
Sometimes, through chaos, the righteous fare.
With wisdom and fire, let justice ignite—
The people’s own glory, ablaze in the night.

I hope you feel better soon
Thank you for additional V for Vendetta posts. :lol:

Yesterday, in 1517, Martin Luther kicked off another round of bloodletting with his 95 Theses.

I know I'm starting to feel better because my "piss offedness" is rising. The sheer stupidity and evilness in the world are astounding. All politicians are vile scum. I don't want to go overboard and upset too many of you on Sol's wonderful investment site, but we are at a precipice and need to have our wits about us to navigate this mess.

I was going to throw out one random opinion "off the wall" to stir you up but I feel it might be too raw for some.
..whenever any Form of Government becomes destructive of these ends, it is the Right of the People to alter or to abolish it, and to institute new Government..
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