Almost There…

Video Update for Thursday…

I think the top is just about in now gang.  I see one more pop higher tomorrow… to the 111.17 FP level, and then the selling to begin.  I don’t have any idea if it’s going to be a really big move down or if that will be next week on the turn date of the 26th-27th, but I see some serious selling coming soon… be ready.

Red

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To the top of Wave 2 that is…

(Direct link to video, incase it doesn’t show above… http://www.youtube.com/watch?v=Mk-YBJnczy4)

And then larger wave 3 of (Possibly) Primary wave 3 is ready to start.  It’s the wave that you might see once every 90 years or so… well, at least to the magnitude this one is!  While I’m not positive that we are in Primary wave 3 down yet, as many others still think we are in Primary wave 2 up.

And I can’t rule that out, as I still have unfulfilled upside FP of DIA 118.16, but they is no telling when we will hit it.  Could be next year or longer, who knows?  But, the charts tell me that we are likely to head down into the Legatus meeting instead of up.

Maybe they cashed their checks back in April, and are now waiting for any great buying opportunity to happen.   Certainly they could find some great bargains in the market if we go down to Dow 8300 into the meeting next month.

Think of it like this, if you tank the market now (when no one is expecting it), then you can rally it in October, when everyone is looking for a crash to occur… and steal the masses’ money of course.  LOL

So to sum it up…

I see a move up to the FP of 111.17 spy tomorrow, and then a possible flat to slightly down move into Friday.  However, should they not be able to spin the data positive on Thursday morning, it could start the wave 3 down before the end of the week.  We know they want to hold it there to squeeze out the bears letting their puts expire worthless, but can they?

Holding this wave 3 back isn’t going to be easy too do… especially if the reports on Thursday are really bad.  But, you should never underestimate the power they have to control this market.  As I mentioned at the end of the video, there is a turn date on the 26th-27th that looks very powerful according to the chart on the spiraldates.com site.

There is a less powerful turn date on the 19th, which would make more sense since this is opx week.  Maybe we peak at 111.17 tomorrow and slide back down to 109 area by Friday?  That’s not a big move down, but would reflect a small reversal as indicated by the chart only having a “1″ spiraldates score.

However, I don’t fully understand the chart, and the “score” could simply mean that it has “x” amount of chances of turning on that date, but doesn’t indicate the strength or power of the move occurring.  So, if a turn date has a “1″ for it’s score, and it does actually turn on that date, the intensity of the move isn’t known or reflected in the chart.  Hopefully that makes sense to you?

That’s all for now…

Red

The Bears Win Today!

Related posts:

1. No Turnaround Tuesday…
2. Going Down?
3. A Very Bearlishess Day!
4. Special Video Update…
5. Time For A Bear Nap…