Saturday, April 13, 2024

Lindsey Williams Exposed The Elites Plan To Break America…

Wednesday Update...

(to watch on youtube: http://www.youtube.com/watch?v=lHqTLQnOGXY)

Red

_____________________________________________________

Tuesday Update...

(to watch on youtube: http://www.youtube.com/watch?v=zkfFvPaDBK4)

Red

_____________________________________________________

Monday Update...

(to watch on youtube: http://www.youtube.com/watch?v=YccVMxMCMt0)

Red

_____________________________________________________

After being gone for over a month, Lindsey Williams is back with the latest evil plans by the Illuminati Gangsters.

Part One: http://www.youtube.com/watch?v=IuWcrCgztGU
Part Two: http://www.youtube.com/watch?v=wxGxBFhKMnc
Part Three: http://www.youtube.com/watch?v=Cwi6AsYwTHE

Here are some of the Important Points:

  • Gas will be stable in the USA over the summer, and remain below $5.00 per gallon during this time.
  • Crude Oil will escalate between September and the first week of December, 2011.
  • More rioting and revolutions will happen in the middle east, and spread throughout all the countries there except Saudi Arabia.
  • Gold and Silver will start rising in late August and continue through December, with a 25%-35% rise planned.
  • They are going to open the Bakken US reserve and Gull Island.
  • Obama recently opened up the Strategic Oil Reserve and sold it for $97 per barrel recently, as he was ordered to do so by the Evil Elite Gangsters.  This is part of the plan get oil up to $150-$200 per barrel by them.  American's will be forced to buy it back at higher prices from the gangsters, while they get it out of the ground for $16 per barrel (which would be about 60 cents per gallon for gas at the pump).
  • There will be a new currency called "The Petro Dollar", which will be used to buy and trade oil with.  The current dollar will be basically dead, as it will lose so much of it's buying power that people will beg the elite for a new currency.

But the good news is...

All this exposure by people like Dr. Bill Deagle, Alex Jones, Lindsey Williams, Benjamin Fulford, and many many more... (especially all the independent bloggers, tweeter's, and emailer's) has got the evil gangsters worried, and a bit scared.  They fear the sheep waking up, and don't like the current rate at which they are opening their minds up and discovering the lies that the wolves have been telling them.

This is pretty much how it was foretold in the bible... the bad guys lose in the end.  LOL!  Of course when I say "end", I mean the end of their rein of power.  I believe we are experiencing this time period right now and over the coming years we will see a new world with free energy devices and technology that will free everyone from the enslavement they currently have us in.

You see, I think that the Illuminati Elite Gangsters that are giving Lindsey Williams all this information are doing it to make it all happen as they plan it too.  Lindsey is probably being used without his knowledge to spread fear, which is what they want to happen.  They tell you repeatedly what is going to happen so you will just accept it and doing nothing to stop them.

But, what if their plans backfire this time and people actually do something to stop them?  Wouldn't that be a surprise?  LOL!  They think they are so smart and "high and mighty" that it will always go as they plan it... but one day it won't, and that time period is now.  They plan to control the internet and sensor it, but it will fail.  Even all the moles that put out on the internet that spread dis-information won't stop the coming awakening.  The truth will be discovered, as the sheep aren't as dumb as the wolves think they are.

So, what's in store for the markets this week?

(to watch on youtube: http://www.youtube.com/watch?v=D-vTjYa_-P0)

My guess is some selling!  While I'm still not sure if we have finished this wave 2 up (as it could be a final wave 5 up?), I think we will go lower early next week... and then possibly resume the uptrend toward our 138.86 SPY FP level.  I'm not positive that we will go up and hit it, but it's something to keep in mind when the selling stops.

The short term charts got oversold quickly on Friday's gap down, but turned back up into the last few hours of the day.  This could continue into Monday or they could roll back down early on.  The non-farm payroll report was horrible, and while that's what was blamed for the selling, we all know that the market was way overbought and due for a pullback.  I just don't think it's a "one day wonder", and that we will resume the uptrend starting on Monday.

It's reasonable to expect 3-5 days of a down move, to either make a wave 4 down with 5 up to follow, or to start the first subwave of a larger wave 3 down.  Either way, the expected move is down.  Once the market breaks through that support level around 1335-1340 spx, I think it could fall to as low as 1300 before bouncing.

The non-farm payroll report is a very common turning point in the market, which would mean that we would continue down, as the market was going up into it.  However, this week is option expiration week, which is generally bullish.  This tells me that we could be in for a very choppy week, with wild swings both ways... ending the week going nowhere.

So, with the daily charts still bullish (but overbought, and ready to rollover anytime), and the weekly chart still bearish, but trying to rise back up... it looks like a week of indecision as the bulls and bears fight it out.  I'd advise caution on any big trade positions until the week after opx, as again... they seem do the most manipulation during this period.

There is a full moon on the 15th, which could be turn date?  We could put in a bottom for our wave 4 down with wave 5 up to follow... which means a possible target low of 1300 spx?  Or, it could be a top... as in, "the final top", but I suspect we will go down into the 15th (which happens to be opx), as I think the bull train is full right now and needs shaken!  This doesn't mean it will be straight down, but I do expect the overall week to end in the red.

After listening to Lindsey Williams, I do get the feeling that the month of August could be the month that market starts the real downtrend, as we have basically been chopping sideways in a trendless market since about February of this year in a range of about 1000 Dow point.  But, these moves up and down shouldn't continue past August, as then I expect it to be a "confirmed" downtrend (meaning it should be easier to just short the bounces and not fear another 1,000 bear squeeze).

Basically, the high put in this month... whatever it is (138.86 spy?) should be the high for the year, and for a long time to come.  Remember, after this high is in, I expect the real major wave 1 down to start and continue through August, and maybe a little bit of September.  Then a major wave 2 (up) to carry us up to the week of October 23rd, where the end of next Legatus meeting is, and the probable start of wave 3 down (inside primary wave 3 down).

That's all for now.  I'll do more updates during the week.  Last week I slacked off, as I was very busy with another project.  Good luck everyone...

Red

Red
Author: Red

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Red Dragon Leo
12 years ago

Good Morning Bears 🙂

Kevin
12 years ago
Reply to  Red Dragon Leo

Haha,…it’s pretty quiet in here.

Since bullish patterns seem to always work out in this manipulated environment,… on the S&P 60 min chart, it looks like a nice cup and hande setting up. How do we measure the expected distance of that move? Is it bottom of cup to the rim?

Red Dragon Leo
12 years ago
Reply to  Kevin

Yes, it’s been very quite here on the blog for several months now.  That’s one of the reason I haven’t done a new post every day.  Plus, I’m working on building 2 new websites, which are coming along nicely now, that will really be cool.  I’ll hope to launch them soon.

As for the 60 minute chart, I see what you are talking about and I think the measured move is distance from the low to the top of the rim as you stated.  Since that is from around 1260 to about 1360, that’s a 100 points up!

Red Dragon Leo
12 years ago

Looks like we are on our way to backtest the falling channel top around 1315 (if that breaks, then 1300).  But, after such a strong down move like today, we could have a positive day tomorrow.  The 60 minute chart still has plenty of room to go lower though, so I wouldn’t get too excited if I were a bull (which of course I’m not… LOL)

Kevin
12 years ago
Reply to  Red Dragon Leo

That makes a lot of sense. The charts look pretty nasty right now. 1316 is the 50 DSMA and I would expect the bulls to really defend that MA, so like you stated, maybe not much lower than that area. That cup and handle also could wind up being an inverse H&S. Either one will work for the gangsters.

Red Dragon Leo
12 years ago

Gang, I see a FP on the VXX of 22.35, which could be the signal to when the bottom is in on the market?

Red Dragon Leo
12 years ago

From the strength of this move down, I’d say it’s a wave 3 or C wave… which could easily go to 1300 before it’s finished.  We’ll see I guess…

Red Dragon Leo
12 years ago

The UUP (the dollar) just showed a FP of 21.25, which would imply a rally in the market as it goes up when the dollar goes down.  The UUP is currently at 21.71 and rising, with overhead resistance at 21.85 or so.

Ben_Bernanke
12 years ago
Reply to  Red Dragon Leo

Every day of my life it’s risk-free profits. No man living in that environment will live for very long.

Ben_Bernanke
12 years ago
Reply to  Red Dragon Leo

I covered some shorts after that morning dump. Looking to reload higher up.

Red Dragon Leo
12 years ago
Reply to  Ben_Bernanke

Well, I do see one more push down today, as we are forming a bear flag right now.  Plus, “if?” that FP on the VXX is real, then it still has more to go up as it’s only around 21.41 right now.  That means the market should go down another wave… like maybe a wave 5 to complete this pattern?

SAN
SAN
12 years ago

SPY Chart: http://stk.ly/nd62nm

Red Dragon Leo
12 years ago

The SPY could drop to about 131.25 or so, and backtest the falling trendline from the May 1st high connected to the May 31st high and currently pointing around that area.

The same trendline on IWM puts it around 82.00 or slightly under.  On the SPX it’s coming in around 1312, but the ES is already resting on that trendline right now (around 1315), and should give it support.  If it breaks… uh oh, look out below!  LOL

SAN
SAN
12 years ago

SPY Trend update: http://niftychartsandpatterns.blogspot.com/2011/07/spy-trend-update_12.html

Ben_Bernanke
12 years ago

I doubt the market can gap down big again three days in a row. I still have shorts but raised some cash hoping for a rally or gap up tomorrow. Wednesday is seasonally bullish so I’d be hedged a little Wed.

Red Dragon Leo
12 years ago
Reply to  Ben_Bernanke

“If” we gap down tomorrow, I think it will be quickly reversed.  We still have the 22.35 VXX FP to be hit, and a gap down in the morning would hit it perfectly.  After that, it should fall and the market should rally the rest of the week.  While I still think it will be a RED week, it should recover a lot of this fall I believe.  You know the gangsters need to make all those freshly bought puts expire worthless.  LOL

Ben_Bernanke
12 years ago
Reply to  Red Dragon Leo

My strategy is to play the full moon period which is bearish and lasts all the way into next week. I don’t expect any chance at bullish price action that lasts until next week when the bullish new moon period starts.

We have DIA and QQQ prints much lower still, so no rush to get bullish yet. If they can rally more, the spread between the market value and the prints is guaranteed profits, so I actually hope for a bounce tomorrow or Wed.

Anonymous
Anonymous
12 years ago
Reply to  Ben_Bernanke

It’s only a few weeks that I discovered your website with the FPs, but I strongly believe in them getting hit sooner or later, so I’m positioning my bets according to them. DIA 123 will be the first one for me to profit from, at least that’s what I’m hoping for. Just wanna thank you both for sharing those FPs. GL

Anonymous
Anonymous
12 years ago
Reply to  Red Dragon Leo

The nosedive is ES an hour ago gives credence to a gap down.

zstock7
12 years ago
Reply to  Anonymous

what did china do this time? i wonder.

Anonymous
Anonymous
12 years ago
Reply to  zstock7

We shall see, only after the couple thousand folks in “The Club” take advantage first.

Edit: I’d been joking that the criminals will be laddering this pig right back down the same way they pumped it up. Well, 2 steps down, 4 more to go.

zstock7
12 years ago
Reply to  Anonymous

overnight dive is lining up great at my spx support

Anonymous
Anonymous
12 years ago
Reply to  zstock7

Nice, this is working out well…

SAN
SAN
12 years ago

S&P 500 Analysis after closing: http://stk.ly/r94a8B

zstock7
12 years ago

SPX chart http://zstock7.com/?p=5065

Anonymous
Anonymous
12 years ago

The tanking Euro and the Hang Seng down 440 points makes for a possible good start tomorrow.

Red Dragon Leo
12 years ago

Refresh page for new video…

Anonymous
Anonymous
12 years ago
Reply to  Red Dragon Leo

I just wanted to go to sleep, but hey, I simply *must* watch your new video first…

Red Dragon Leo
12 years ago
Reply to  Anonymous

LOL… I’m going to sleep too, as I’m very tired now.  I’ve been recorded the video’s in HD now, so they take longer to process, and longer to upload… sorry about that.

Anonymous
Anonymous
12 years ago
Reply to  Red Dragon Leo

That’s okay. By the way, I’ve never been the first to watch any of your videos. lol

Red Dragon Leo
12 years ago
Reply to  Anonymous

Well, I never watch them… LOL.  I just don’t have time to go back and edit and/or watch them.  It’s always a “one shot” deal.  While I sometimes screw up (and start over), it’s usually within the first few minutes.  After that, I just keep going.  It’s not a Hollywood movie afterall… so the first cut will have to do.

Anonymous
Anonymous
12 years ago
Reply to  Red Dragon Leo

I personally like this ‘naturalness’ of your videos. It has that kinda “we’re just talking in a café” feel to it.

Red Dragon Leo
12 years ago
Reply to  Anonymous

Thanks…

I just try to “keep it real”, as there’s no point in wasting too much time making it perfect.  Getting the message across as soon as possible is the best method I think.

🙂

Anonymous
Anonymous
12 years ago
Reply to  Red Dragon Leo

Agreed.
Good night, Red.

Anonymous
Anonymous
12 years ago
Reply to  Red Dragon Leo

Agreed.
Good night, Red.

Anonymous
Anonymous
12 years ago

Hey Red, I have been reading your blog for a year now and all I found were believe systems. Lets say the bible or abraham hicks/the secret or newtonism. My point is this; all these things are believe systems and you keep the matrix in touch. Look at this websitew which I found last week. It looks like an answer I had been looking for;
http://illuminatimatrix.wordpress.com/

Its about our matrix and it is very interesting. You know why I think he knows the truth. Its because he involves everything. Lets say the reverse speech from Obama; Thank you satan (lucifer). Its important you give this website a look and tell me what you think. O and its not about trading. Just thought you as a red pill taker might find it interesting. Also what he says about the matrix reminds me of the film the MATRIX. Anyhow, let me know that you think.

Red Dragon Leo
12 years ago
Reply to  Anonymous

Thanks for the link Bud… I’ll check it out later.

SAN
SAN
12 years ago

ES Resistance level for the bounce: http://niftychartsandpatterns.blogspot.com/2011/07/es-resistance-level-for-bounce.html

Red Dragon Leo
12 years ago

We hit the FP on the VXX, now let’s see if it reverses back down or not?

Anonymous
Anonymous
12 years ago
Reply to  Red Dragon Leo

Downward prints in SPY to 130.68 pre-market – looks like we’re going down a little before going back up.

Red Dragon Leo
12 years ago
Reply to  Anonymous

Could be?  But you don’t know the time frame on those prints… as to “when” they will be hit?  I’m leaning toward the possibility that we rally into Wednesday and then roll over again into Friday… surprising everyone.  After a bottom is put in on Friday, I expect a real rally next week… which should last until the end of the month.

Anonymous
Anonymous
12 years ago
Reply to  Red Dragon Leo

All the ones that I’ve seen before the market opens, hit within 2 trading days, so either today or tomorrow. If it doesn’t hit by tomorrow, it will be the first exception I know of.

Red Dragon Leo
12 years ago
Reply to  Anonymous

I think we’ll have more selling after Wednesday ACP, as we are just waiting on a reset of the oversold charts right now.  It should be done by late Wednesday I believe.

Anonymous
Anonymous
12 years ago
Reply to  Red Dragon Leo

Yeah I don’t expect a big move yet either. I guess we’ll have to play wait and see for now.

Anonymous
Anonymous
12 years ago
Reply to  Red Dragon Leo

Man, what a cheap thrill with that pop & drop the last 2 hours. The stock market is just a big playground where the rich play with everyone else’s money. Or maybe one of Madman Ben’s interns said, “What does the PUMP button do?”

Ben_Bernanke
12 years ago

Picking up more shorts here — wow, they bought the dip huge last night, wasted all their POMO cash!!

Red Dragon Leo
12 years ago
Reply to  Ben_Bernanke

I’m not short yet, as I think we will still go higher tomorrow… and then rollover the rest of the week.

SAN
SAN
12 years ago

Dow Jones intraday update: http://stk.ly/oBXpP2

Kevin
12 years ago

QE3 rally on the horizon? Fed minutes are hinting that way… The market is “too big to fail”. LOL!

Red Dragon Leo
12 years ago
Reply to  Kevin

I can’t see them continuing straight down without a bear squeeze… which I think starts tomorrow.  As to when it tops… I can’t answer that one, but with Friday being opx I don’t see them letting the bears cash out on all those puts.  Maybe we only have a one day bounce tomorrow to squeeze them out… and then resume the selling into Friday?  It’s another possibility…

Ben_Bernanke
12 years ago
Reply to  Red Dragon Leo

I’m not overthinking it. I am keeping some dry powder in case that happens, but I don’t want to game this too much. I am pretty sure I know where they’re taking it, so I’ll just wait for that moment and exit then.

My biggest problem in the past was not trusting the levels and then seeing them taken with me on the sidelines! No more!

SAN
SAN
12 years ago

S&P 500 Analysis after closing bell: http://stk.ly/q2PhRA

Ben_Bernanke
12 years ago

Red Dragon Leo

Anonymous
Anonymous
12 years ago

Today was step 3 down the ladder. Looking for a possible countertrend rally after this AM’s print is hit. A real rally doesn’t have an immediate retracement like this. Total BS sham. This fat bloated pig is going down. I’m somewhat short now, I’ll be even shorter on any rallies.

Red Dragon Leo
12 years ago

New video update should be up within an hour gang.  Sorry for the delay, these HD video’s take much longer to process, and then upload.  All in all, I’m still looking for a bounce, but I think it will be sold and we’ll continue selling into Thursday and Friday.

Red Dragon Leo
12 years ago

Refresh page for new video update…

SAN
SAN
12 years ago

ES Resistance levels: http://niftychartsandpatterns.blogspot.com/2011/07/es-resistance-levels.html

Red Dragon Leo
12 years ago

The dollar is getting killed now gang…  remember the FP of 21.25 on the UUP.

SAN
SAN
12 years ago

Falling wedge Updated: http://niftychartsandpatterns.blogspot.com/2011/07/falling-wedge-of-s-500.html

Guest
Guest
12 years ago

Well gang, I guess everyone is sleeping?  If we rally into the close and hit the dollars’ (UUP) FP of 21.25, I’ll be looking to get short into tomorrows’ initial claims, continuing claims, PPI, and Core PPI numbers… as the short term charts are looking toppy right now.  While I think they could push up more, I’m not sure how far they will go?  Will we trade up and/or sideways into Friday’s opx, or will we surprise everyone and tank into it?

Red Dragon Leo
12 years ago

Well gang, I guess everyone is sleeping?  If we rally into the close and hit the dollars’ (UUP) FP of 21.25, I’ll be looking to get short into tomorrows’ initial claims, continuing claims, PPI, and Core PPI numbers… as the short term charts are looking toppy right now.  While I think they could push up more, I’m not sure how far they will go?  Will we trade up and/or sideways into Friday’s opx, or will we surprise everyone and tank into it? 

Anonymous
Anonymous
12 years ago
Reply to  Red Dragon Leo

ZZZzzzzzzzzzzzzzzzzzzzzzzzzzz……………………
Yep, failed rally, as expected. SPY hit the 130.68 print AH. I don’t know what that means, but it still hit within 48 hours. SPY has prints both up & down, but the QQQ is decidedly mostly upward prints. I suppose that means some type of propaganda will be forthcoming shortly. No artificial disasters lately, Red do you know of any important dates or signs of things to come?

Red Dragon Leo
12 years ago
Reply to  Anonymous

Sounds a crash is coming too me… LOL!  Planned Crash of course… or, maybe they trick us all with a surprisingly good initial claims and continuing claims number?  Hard too say, but it sure looks bearish right now… almost too bearish.

SAN
SAN
12 years ago

Gold range breakout: http://niftychartsandpatterns.blogspot.com/2011/07/gold-range-breakout-and-monthly.html

Red Dragon Leo
12 years ago

Refresh page for new video update…

Anonymous
Anonymous
12 years ago

Red
Speaking of disasters; according to Kemila from illuminatimatrix there will be a great flood which will be made stronger by haarp and by earthquakes. Especially Yellowstone is important. Look at the film 2012. What he, Kemila, is writing is exactly 2012.
He claims that before the olympics, when al this is supposed to happen, there will be a lot of preparation. Mentally I mean. Which means more earthquakes and eruptions and more floods.
He talks all the time about the BIG ONE which is yet to come. However, he never mentions WW III. So he does not think this war will take place.
How does he know? He claims we are all hypnotized and this works through subliminals. So by studying these subliminals you can see the direction we are going.

I guess we will see if he is right. It does make a lot of sense, but that does not neccesarily mean he is right. 11-11-11 however is very important

Red Dragon Leo
12 years ago
Reply to  Anonymous

Bud, I read some where that the flooding around the Mississippi river area that has happened recently is as much as 10 times the normal rain fall in those affected states… so yeah, I’m sure HAARP was used on them.

SAN
SAN
12 years ago

ES consolidation pattern: http://stk.ly/qCN8A5

SAN
SAN
12 years ago

SPY Support and resistance lines: http://niftychartsandpatterns.blogspot.com/2011/07/spy-support-and-resistance-levels_14.html

Anonymous
Anonymous
12 years ago

Hi Ben,
I can’t seem to access your FP blogsite anymore. As I commented earlier, I only discovered it a few weeks ago, so I don’t know if it’s a technical issue or something else. I’m a retail trader from Hungary, following Red’s blog for a couple of months.

Ben_Bernanke
12 years ago
Reply to  Anonymous

I made the blog private for my own safety and also because I didn’t get any readers after proving how the market was manipulated. It’s frustrating because I showed exactly how it’s done, and not even then did people understand or care (except a few smart people like you) 🙂 I was barely getting 30 page views a day.

Also, the SEC did nothing after I submitted a claim of fraud. So, I assume they don’t care either. The whole situation has put me in a dark depression.

I hope that in the brief time it was up you learned how it’s done and how to profit, as I am profiting risk free off it all the time. Best of luck to you and all other retail traders. I will never be making blog comments anymore either.

Goodbye, world

Kevin
12 years ago
Reply to  Ben_Bernanke

Buh-bye!

Ben_Bernanke
12 years ago
Reply to  Kevin

Moron. At least I make profits without any risk, no thought at all. The market is my ATM. How are you doing?

Kevin
12 years ago
Reply to  Ben_Bernanke

I’m doing great, I trade the trends and don’t get caught up in all the drama and let it effect me emotionally like you obviously do.

I thought you weren’t going to post anymore? Bye now, whiner…

Kevin
12 years ago
Reply to  Ben_Bernanke

Furthermore,…ANYONE who says they are making profits without ANY risk in the stock market shouldn’t be followed. Period.

Red Dragon Leo
12 years ago
Reply to  Ben_Bernanke

You do realize that they lack of traffic to your site had nothing to do with people not interested, but everything to do with marketing.  Getting a lot of traffic to a blog isn’t easy, as you are up against millions of other websites.  You can’t expect traffic overnight.  This blog is about 2 years old now, and look how low the traffic is here.

Last year it was 1,000-2,000 people per day, and now about 500-600 per day.  Of course it’s summer time and slower during that period, but still… getting a ton of traffic is very hard.  I wouldn’t expect any new blog to be an instant hit, no matter what the content is or how nice it looks.  It takes a lot of hard work to build traffic and get followers.  Don’t beat yourself up about it.

Turbo_Tim
Turbo_Tim
12 years ago
Reply to  Ben_Bernanke

I cannot get access to the site.  I guess of the 30 views, one is mine.

Anonymous
Anonymous
12 years ago
Reply to  Ben_Bernanke

Ben, I must agree with Red.
When I had tried to google it using the keywords “print watch blog”, you’re site just didn’t show up in the first two pages of Google results… And it wasn’t until you commented here to click your user name that I could locate your site.
So Red is right: it’s hard t get hundreds of visitors without marketing.

I personally am sad that you’ve decided to close down the site but it’s of course at your discretion.
This way, the only FP I can try and make profit off is that DIA 123 (or perhaps that QQQ more lower). Anyway, thanks for having shared them. I hate being ripped off by the ‘big guy’ gangsters, and finding your site has instilled some confidence into me that I’m gonna be able to strike back..
Anyway, I will keep on trying.

Red Dragon Leo
12 years ago

Well, I don’t know which way this triangle is going to break, but the odds favor the bears.  However, the bulls have defended the trendline of support fiercely now… but will it hold into the close?

SAN
SAN
12 years ago

ES chart updated: http://stk.ly/qCN8A5

SH^RK
SH^RK
12 years ago

Based on open interest for July Expiration, we should rally from here but stay below spy 134.80. Then selloff hard sometime next week to start the weekly C wave down or daily 3rd wave down out of 5 wave pattern.
http://sharkmarketanalysis.blogspot.com/2011/07/shrk-bites-07122011.html

Red Dragon Leo
12 years ago
Reply to  SH^RK

I agree Shark… it’s holding the trendline quite well, and we should start to bounce as early as tomorrow into next week.

SAN
SAN
12 years ago

SPY Fibonacci levels and cloud support: http://niftychartsandpatterns.blogspot.com/2011/07/spy-fibonacci-levels-and-cloud-support.html

stockdude
stockdude
12 years ago

Triple Fibonacci Fan on S&P 500

http://oahutrading.blogspot.com/

Anonymous
Anonymous
12 years ago

new high is coming? TRIN is high, VIX meet the 22 resistance

on the other side, tech, Rut and Financials are lagging today

Red Dragon Leo
12 years ago
Reply to  Anonymous

Tough call right now Cheesgo… the market looks extremely weak right now, but is overdue for a real multiday bounce.  I’m not sure either way at this point?

Anonymous
Anonymous
12 years ago
Reply to  Red Dragon Leo

volume is not bad today either, dumping or bottom fishing?

Anonymous
Anonymous
12 years ago

Let’s see:  will the Google earnings news inspired bounce in the Nasdaq win out over the impending plunge in the euro with commodities getting taken down with it during the overnight session????
Commodities put in a pre-collapse high in 2008 on July 14.  Silver now has identical fractal to its pre-July 14, 2008 version  (off the recent May highs).

Bernacke apparently bringing out the QE3 inferences(so I heard didn’t see any of his testimony) a perfect time for a pre-collapse high.

Red Dragon Leo
12 years ago
Reply to  Anonymous

You know they will continue to print money, regardless of what they call it, or admit too it.  Remember, the end plan is to destroy the dollar and bring in the new “petro dollar” (backed by oil, gold, silver, etc… I’d assume).

Red Dragon Leo
12 years ago

No video tonight gang… sorry.  I’ll keep it short here as to what I’m expecting.  I think we will gap down on some news (probably bad CPI and Core CPI numbers) and have a “capitulation” move happen.  Then, I think we will turn back up and rally to the level that makes the most profit for the gangster market makers (making a lot of “puts” expire worthless).

I’m not sure what level that will be, but it’s probably between 131 and 132 SPY.  The full moon is Friday and could mark a short term bottom, and turning point.  Then a recovery over the weekend (on the default and downgrade issues with the various countries), which starts the relief rally next week.

I don’t know if it’s going up to the SPY FP of 138.86, or if the high is in and it only goes up for a wave 2 of some kind, with wave 3 down to follow afterwards.  The next turn date is the new moon on the 30th of July.  That could be a high, or a low?  I don’t know at this point, but if we are on our way to make a new high, then that date area should be when it hits.

Anyway, that’s about it… good luck as usual.

Red Dragon Leo
12 years ago
Reply to  Red Dragon Leo

P.S.  Keep your eyes and ears open for Warren Buffet or George Soros to be interviewed and make some negative comment on the economy… as that is the signal that the short term bottom is in.

Anonymous
Anonymous
12 years ago
Reply to  Red Dragon Leo

Guess what? No, not chicken butt. Remember that 130.68 SPY FP I mentioned the last couple days and only hit AH yesterday? Well, look at the day’s low for the SPY: 130.68. Gee, what a co-inky-dink! Finally, a well-documented print that hit right on the button. Gotta love it!

Red Dragon Leo
12 years ago
Reply to  Anonymous

Looks like we are going to gap up again?  You would think that they would switch it up from time to time… to make it hard for us sheep to figure out.  That’s why I thought we would gap down, and then rally, but I guess not?

SAN
SAN
12 years ago

ES Support and resistance levels: http://niftychartsandpatterns.blogspot.com/2011/07/es-support-and-resistance-levels.html

Red Dragon Leo
12 years ago

Looks like the bottom is now being put in gang.  I think we will start rallying some shortly and rally most of next week.  The market is now making a triple bottom (or quadruple bottom) and should bounce soon.  The vix could go a little higher, but I think it’s about topped.  All in all, now is a go spot to exit all shorts in my opinion. 

SAN
SAN
12 years ago

Resistance lines of Google: http://stk.ly/qAn0zO

Red Dragon Leo
12 years ago

I now see 4 downside prints on the SPY at the 130.94 level… is that the closing price today?  Could be?

SAN
SAN
12 years ago

ES chart: http://stk.ly/oKadGm

Red Dragon Leo
12 years ago

Rally next week likely gang.  The vix is topping on the daily and the 60 minute chart.  

Anonymous
Anonymous
12 years ago
Reply to  Red Dragon Leo

Heavily dependent on debt-deal. Methinks.

Red Dragon Leo
12 years ago
Reply to  Anonymous

They will resolve something over the weekend about the debt ceiling, which will be the reason to rally the next 2 weeks.  Then on August the 2nd, something will fall through and the market will sell off again… only this time, the “high” really will be in!

Anonymous
Anonymous
12 years ago
Reply to  Red Dragon Leo

Will they…?
My guess is that this fight’s gonna last down to the wire. What that means in terms of time frame, I don’t really know, but not necessarily next week IMO.

Sure it will be settled at some point, and the ensuing relief rally should be powerful.
So it’s rather a question of “when” than “where” the markets are headed (at least short term.)

But if the debate drags on, that would set up a much better buying opportunity so I’d prefer this scenario.
And to prepare for that, I liquidated almost all of my positions today so I’m 99% cash now. Like a cobra ready to bite… lol.

Red Dragon Leo
12 years ago
Reply to  Anonymous

Whatever they do or do not isn’t the question.  They will say something positive to give the market a reason to rally.  Remember, it’s all staged… and just a game they play.  They already know that they are going to default on the debt (according to Lindsey Williams’ elite sources), but they need to rally it up to a higher level before they tell the sheep (us retail traders) that they are going to default.

It’s all written in the charts.  A new high will wipe out the last retail bear, and then they will tank it.  I don’t know what will or will not be said or done on (or by) the August 2nd deadline, but the outcome will be a sell off in the market.  I’m sure it will shock the market, as that’s the way they plan it too happen.

Anonymous
Anonymous
12 years ago
Reply to  Red Dragon Leo

Maybe you’re right (as to what will happen next week).
But either way, I’d just like to profit from that new high preceding the Implosion.
So my plan for Monday:
if we drop below 1300 –> buy,buy,buy
if we blast toward 1330 –> buy,buy,buy

As simple as that. lol

zstock7
12 years ago
Reply to  Anonymous

nope, i think blow out earnings will trump ALL NEWS, next week…. 1/3rd sp500 report

Anonymous
Anonymous
12 years ago
Reply to  zstock7

We’ll see…
You know the motto here: “expect the unexpected”.
And uhh, you can never know how the MMs want to play this game…

Anonymous
Anonymous
12 years ago

Today is Rooster Cogburn’s birthday in the latest version of True Grit (the original released on June 11,1969):  7-15-1825 (an embedded 87 in there).   His deathdate:  8-12 or 8-13, 78 years later.  There is a little poster shown at the end associated with his death with the date 7-18-1903.

Carmageddon begins tomorrow (7-16) at 5am in Southern California with the 405 freeway shutdown between the 10 and 101 freeways (111) and lasts 53 hours (53 power number).   That means into 10am on 7-18???? Need to verify.    42 years ago during the seminal event of 1969, Appollo 11 was launched on its quest to land on the moon on July 16.  “The moon landing” occurred on 7-20.  This entire “moon” episode is the focal point of the new Transformers movie:  Dark Side of the Movie which takes 87 references in a movie to new astronomic levels.

The insiders love their 69, 1969 references and this entire stretch from July 16 to about August 14 encapsulates the great golden period of 1969 (they love their 896 combos—add 42 years6days to 8,9,1969 and that is August 15.

The 1896 low was on August 7 ie 8-7, 115 years ago, an insider jubilee celebration for the inaugural year for the Dow Jones Industrials Average????

zstock7
12 years ago
Reply to  Anonymous

I read at Paris Hilton’s twitter account, that she plans to stay home…. she reads investment blogs. i hit on all her links to those articles.

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