Swing Trades DAX/DOW/NQ/GOLD

Looks like a roll over move.

Tomorrow quadrupple day (or whatever its named)

SnP closed +85p last lot. just below 4000

NQ 250p locked in last lot

Last 2 MNQ short for 500 zone/GAP close

That was a hell of a nice DAX short

FDXM Long 14.915
T1 +10/11p 4 lot.
1 left SL BE
FDXM closed +19/20p last lot

FDXS Long 14.911
T1 +15p 6 lot
2 left
T2 +20p 1 lot
1 Left SL BE
Closed +32p last lot

Black Swan(s) ???

Economists of the major universities Stanford and Columbia write that these banks could go bankrupt if half of their depositors come to collect their money. Such a bank run was also exactly the problem at Silicon Valley Bank, which had many customers from the tech sector. They wanted to withdraw more money because of the economic downturn.

That was not possible because the bank had invested a lot of money in government bonds, which yielded much less in the event of an immediate sale. An announced share issue to restore the savings account subsequently caused a great deal of unrest.

It now appears that 186 other banks in the US have proceeded in the same way. Rising interest rates have caused the value of those investments to fall sharply.
At the Silicon Valley Bank, the US government came to the rescue to guarantee assets above $ 250,000. But she will probably not do that at the other 186 banks.

I believe the S&P ratings agency are talking about or have downgraded First Republic Banks credit rate from B++ to B+. It puts the Fed in a bit of a bind later this week.

DOW & SnP Short
Last lots

MES
T1 +15p 2 lot
T2 +32p1 lot @ DS1. 1 Left
Closed +42p last lot at possible Key SP level

ES closed +28p 1 lot

MYM
T1 +128p 2 lot
T2 +225p 2 lot at DS1 zone
2 Left +300p locked in last 2 lots

YM closed +135p 1 lot

GOLD Long 1981.4

Last lot

Something is coocking.................

DAX made a HUGE Daily GAP (to close later)

Closed +300p last 2 lots

MNQ COUNTER Long 12.555 4 lot . Little rebound from DS1
T1 +30p 3 lot.
1 left. +20p locked in
Closed +20p last counter lot long

Still a GAP to close down to 12.460
12.420<>12.400 a possible a SP zone.

Likely not done yet

GOLD keeps lifting above $2000

Target 2015<>2020

GOLD closed +270p last lot

FDXM short 14.878
T1 +25p 3 lot. 1 left

Closed +29/30p last lot

US closing D GAPs
DAX pops cause of that

FDXS still short 2 lot from14.875
FDXS closed +72 & 75p last 2 lot

FDXM short again 14.705
T1 +15p 1 lot
1 Left

Trgt 625/600

FDXM Closed +78/80p last lot

FDXS Closed +74p last 2 lot

Markets are very worrried about colapsing banks Swiss/US

To big to fail so the governments have to support again (read tax payers)

FINANCE
UBS shares slide 10%, Credit Suisse craters 60% after takeover deal

Counter Scalp trades

NQ little Bullish

DOW and SnP sideways