Red

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... Red

I do think we should have a small pullback soon, but not a good one (7-8%) until sometime in August. Many people are looking for the CPI tomorrow to tank the market but I doubt if we see more then 1-2%, and then back up.

... Red

Glad to see you are able to comment again. Can you please create an account? I get hit with spam comments daily and would like to have the comments for logged in members to keep the bots from spamming me.

As for the market, it’s looking likely the pullback I was wanting this week won’t happen until later in July. So I agree with you on that…

... Red

Geccko… email me so I can set you up with an account so you can post comments. I had to turn on the CAPTCHA to prevent all the auto bot’s from posting spam comment. The system catches them, so they don’t show up publicly, but I have to delete them every day in the backend of wordpress. It’s a pain, so I made it so only logged in members can post. I don’t know your email or I would have already contacted you. I turned off the CAPTCHA temporarily so you can post but I need to get you an account so I can turn it back on to stop the auto bots.

... Red

Geccko, email me so I can show you how to post.

... Red

Geccko,

I had to turn on a reCAPTCHA to stop all the spam comments, which wordpress caught them and kept them in a draft mode where you didn’t see them, but on my end I did. Every time I logged in I’d see 5-10 spam messages that I’d have to delete and block. It’s a pain in the butt. So I turned on the captcha thing but it’s not working properly. Not sure why? But you can comment by simply logging into the site as a member first and then it will allow to do so. If you need help setting up an account just let me know and I will set it up for you.

Red

... Red

We have the jobs number tomorrow, so it’s possible that they use it to breakout and do the squeeze? If not, then I’d say it will top next Mon/Tues

... Red

I’d love to see a squeeze into this Friday. If we do I think we could hit 5700, and that should be enough to take out the shorts. A dream would be to the 586.86 FP on the SPY but I don’t think it can get that high.

... Red

Can you get a screenshot of it and post it? I use a free program called “Greenshot” to capture images. https://getgreenshot.org/

... Red

I don’t know the price level but that FP could certainly be hit. The 23rd/24th is where one low should happen and then around May 2nd/3rd should be the finally low (could be a higher low?) before the market starts the mega rally up all summer to at least the 655.66 FP on the SPY.

... Red

I still think we squeeze into this Friday with the FP on the SPY as the target (586.86)… then down hard again next week.