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Happy Halloween

Happy Halloween

by The MoleOctober 30, 2015

Not much going on out there and I’ve been slinging some code in favor of watching the proverbial paint dry. On the equities side we seem to be pushing sideways again which is a bit surprising:

2015-10-30_spoos_volume

The volume profile on the E-Mini is showing us inside quite a bit of activity and I didn’t anticipate this type of tape until 2100 mark. Then again it’s Halloween and quite a lot of folks are busy squeezing themselves into silly costumes in anticipation to get wasted. Now that’s a strategy I can get behind of!

2015-10-30_gold

Gold is starting to look a bit frisky here and I am looking forward to a solid retest of the 100-day SMA. Once that happens I’ll be waiting for the daily to offer me some kind of entry signal. Which direction you ask? Depends on the tape – the gold bugs have a good chance of producing some support here but as usual it won’t be without drama.

Two more goodies below the fold for my intrepid subs:

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And that is it for the week. Here’s me wishing all you merry rats a very spooky and stimulating Halloween weekend. I hope it’ll be all treats and no tricks! 😉

Cheers,

halloween

About The Author
The Mole
Mole created Evil Speculator amidst the chaos of the financial crisis in early August of 2008. His vision for Evil Speculator is a refuge of reason, hands-on trading knowledge, and inspiration for traders of all ages and stripes. You can follow him and his nefarious schemes at the usual social media waterholes.
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