I am looking for a bounce to around SP 1960 or the 50 day moving average or slightly above it around the time of the Fed meeting next week but it’s already practically shot up to that target. We have three large white candles in a row with today being the biggest of them all which is sometimes a reversal pattern in bear phases but breadth momentum appears to be too strong for a sudden reversal. Maybe see a few days of up and down chop.
Fomer stalmarts KO, IBM, and CMG got whacked today despite the huge move upward. The upcoming solar eclipse is the only unusual astro activity that I see in this period. There is a cluster of activity later. Now all we need to see is the CNBC commentators blather endlessly about the upcoming strong NOV-March seasonal period like they did back in 2000 which saw a top also in September. It looks like the market took the route of the lesser grand ritual with a bottom 19 trading days out although the form into the bottom and the subsequent bounce are taking the form of double ninen. We have reached 27, now on to 85…
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If, and that’s a big “if” the FP on the SPY is hit within 1-2 weeks I do STRONGLY believe that’s all she wrote for the BULLS and a Stock Market CRASH will follow. I’m still about 50/50 on the crash right now but I’ll raise or lower that figure within the next 1-2 weeks when I see certain things happen or not.
The “one more wave down” I was looking for yesterday is likely out of the question now. I’m now looking for that gap up on Monday too. The projected target on the IWM is the previous “double top” zone around 115.50 for it and for the SPX it’s that 1970 area.
Also, a possible double top area could happen? My thinking is that the bears will short this all the way up and SkyNet (again, that’s just what I call the super computer running the market) will just keep going up hitting the bears’ “buy stops” on every move higher.
I believe the FP I have of 202.45 SPY is real and will be hit. That’s about 2024.50 SPX and would be a “slightly” higher high. I don’t know what the wave count then but I do know that this rally up will be very tricky, fooling all the shorts.
It has to fool the shorts in my opinion if you are going to have another huge wave down to 1500-1600 area. Look at the May-August 2011 chart for clues. I think we are on about June 27th, 2011 today, but I don’t think we’ll see a slightly lower high as happened on July 7th back then but a slightly higher high (main reason for that thinking is the FP on the SPY).
So possibly some kind of A wave up to end Monday or Tuesday morning. Then down for some B wave and up for the final C wave into the 28th/29th? Guessing on all that but as we know they love to take the market to extremes on both the bullish side and the bearish side.
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have taught of been one of the
Illuminati member so that i will be wealthy for life and my family
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Am Mike Jackson from UK
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a successful man of Illuminati, i
have taught of been one of the
Illuminati member so that i will be wealthy for life and my family
will be forever rich. I get linked up by a man called Mr
Anderson who introduce me to
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Illuminati, so he took me joining
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all Illuminati member to help his
cousin on belonging to the
membership. All because of him
he really did all for me, and now
am so glad of becoming a Illuminati member, i am now rich
and wealthy. Thank your Mr
Anderson For your support.
Illuminati is a great and powerful
means to get popular in life. So if
you really wants to be like me today email us: powerfulilluminati@gmail.com or contact us:i AM A FULL MEMBER OF
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Am Mike Jackson from UK
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a successful man of Illuminati, i
have taught of been one of the
Illuminati member so that i will be wealthy for life and my family
will be forever rich. I get linked up by a man called Mr
Anderson who introduce me to
this agent who have a successful
influence with this occult
Illuminati, so he took me joining
the team to their real powerful man in UK who was the head of
all Illuminati member to help his
cousin on belonging to the
membership. All because of him
he really did all for me, and now
am so glad of becoming a Illuminati member, i am now rich
and wealthy. Thank your Mr
Anderson For your support.
Illuminati is a great and powerful
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I am looking for a bounce to around SP 1960 or the 50 day moving average or slightly above it around the time of the Fed meeting next week but it’s already practically shot up to that target. We have three large white candles in a row with today being the biggest of them all which is sometimes a reversal pattern in bear phases but breadth momentum appears to be too strong for a sudden reversal. Maybe see a few days of up and down chop.
Fomer stalmarts KO, IBM, and CMG got whacked today despite the huge move upward. The upcoming solar eclipse is the only unusual astro activity that I see in this period. There is a cluster of activity later. Now all we need to see is the CNBC commentators blather endlessly about the upcoming strong NOV-March seasonal period like they did back in 2000 which saw a top also in September. It looks like the market took the route of the lesser grand ritual with a bottom 19 trading days out although the form into the bottom and the subsequent bounce are taking the form of double ninen. We have reached 27, now on to 85…
JOIN THE NEW WORLD OF ILLUMINATI TODAY: Are you a politician, student, business man, or woman,if you desire WEALTH, POWER, INFLUENCE,want TO be A STAR, and to be an influential celebrity and you want your dreams to come through,you have the chance to do that.join the great illuminati today to get $15000 every 3 days and $200000 membership blessing for doing and joining what you love to do best.Contact: illuminatiworldmembership@hotmail.com and be rich forever.
Market should be getting close to a short term top here as Jim Cramer says it’s safe to buy now.
ES Futures/SPX Cash Quick 5 minute video: http://screencast.com/t/ncIV0SiwZfa
If, and that’s a big “if” the FP on the SPY is hit within 1-2 weeks I do STRONGLY believe that’s all she wrote for the BULLS and a Stock Market CRASH will follow. I’m still about 50/50 on the crash right now but I’ll raise or lower that figure within the next 1-2 weeks when I see certain things happen or not.
Red, We are going higher into the mid election. This is the only thing the democrats can show for. So your FB 2025 is within 3 week IMO.
The “one more wave down” I was looking for yesterday is likely out of the question now. I’m now looking for that gap up on Monday too. The projected target on the IWM is the previous “double top” zone around 115.50 for it and for the SPX it’s that 1970 area.
Also, a possible double top area could happen? My thinking is that the bears will short this all the way up and SkyNet (again, that’s just what I call the super computer running the market) will just keep going up hitting the bears’ “buy stops” on every move higher.
I believe the FP I have of 202.45 SPY is real and will be hit. That’s about 2024.50 SPX and would be a “slightly” higher high. I don’t know what the wave count then but I do know that this rally up will be very tricky, fooling all the shorts.
It has to fool the shorts in my opinion if you are going to have another huge wave down to 1500-1600 area. Look at the May-August 2011 chart for clues. I think we are on about June 27th, 2011 today, but I don’t think we’ll see a slightly lower high as happened on July 7th back then but a slightly higher high (main reason for that thinking is the FP on the SPY).
So possibly some kind of A wave up to end Monday or Tuesday morning. Then down for some B wave and up for the final C wave into the 28th/29th? Guessing on all that but as we know they love to take the market to extremes on both the bullish side and the bearish side.
IWM Update says we go up next week: http://screencast.com/t/WZXaQGDf
i AM A FULL MEMBER OF
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Am Mike Jackson from UK
united kingdom , I am glad today because am now
a successful man of Illuminati, i
have taught of been one of the
Illuminati member so that i will be wealthy for life and my family
will be forever rich. I get linked up by a man called Mr
Anderson who introduce me to
this agent who have a successful
influence with this occult
Illuminati, so he took me joining
the team to their real powerful man in UK who was the head of
all Illuminati member to help his
cousin on belonging to the
membership. All because of him
he really did all for me, and now
am so glad of becoming a Illuminati member, i am now rich
and wealthy. Thank your Mr
Anderson For your support.
Illuminati is a great and powerful
means to get popular in life. So if
you really wants to be like me today email us:
powerfulilluminati@gmail.com or contact us:i AM A FULL MEMBER OF
ILLUMINATI, SO PROCEED IF YOU
WANT TO JOIN NOW Email us powerfulilluminati@gmail.com
Am Mike Jackson from UK
united kingdom , I am glad today because am now
a successful man of Illuminati, i
have taught of been one of the
Illuminati member so that i will be wealthy for life and my family
will be forever rich. I get linked up by a man called Mr
Anderson who introduce me to
this agent who have a successful
influence with this occult
Illuminati, so he took me joining
the team to their real powerful man in UK who was the head of
all Illuminati member to help his
cousin on belonging to the
membership. All because of him
he really did all for me, and now
am so glad of becoming a Illuminati member, i am now rich
and wealthy. Thank your Mr
Anderson For your support.
Illuminati is a great and powerful
means to get popular in life. So if
you really wants to be like me today email us:
powerfulilluminati@gmail.com or contact us:+447024054461
.
i AM A FULL MEMBER OF
ILLUMINATI, SO PROCEED IF YOU
WANT TO JOIN NOW Email us powerfulilluminati@gmail.com
Am Mike Jackson from UK
united kingdom , I am glad today because am now
a successful man of Illuminati, i
have taught of been one of the
Illuminati member so that i will be wealthy for life and my family
will be forever rich. I get linked up by a man called Mr
Anderson who introduce me to
this agent who have a successful
influence with this occult
Illuminati, so he took me joining
the team to their real powerful man in UK who was the head of
all Illuminati member to help his
cousin on belonging to the
membership. All because of him
he really did all for me, and now
am so glad of becoming a Illuminati member, i am now rich
and wealthy. Thank your Mr
Anderson For your support.
Illuminati is a great and powerful
means to get popular in life. So if
you really wants to be like me today email us:
powerfulilluminati@gmail.com or contact us:i AM A FULL MEMBER OF
ILLUMINATI, SO PROCEED IF YOU
WANT TO JOIN NOW Email us powerfulilluminati@gmail.com
Am Mike Jackson from UK
united kingdom , I am glad today because am now
a successful man of Illuminati, i
have taught of been one of the
Illuminati member so that i will be wealthy for life and my family
will be forever rich. I get linked up by a man called Mr
Anderson who introduce me to
this agent who have a successful
influence with this occult
Illuminati, so he took me joining
the team to their real powerful man in UK who was the head of
all Illuminati member to help his
cousin on belonging to the
membership. All because of him
he really did all for me, and now
am so glad of becoming a Illuminati member, i am now rich
and wealthy. Thank your Mr
Anderson For your support.
Illuminati is a great and powerful
means to get popular in life. So if
you really wants to be like me today email us:
powerfulilluminati@gmail.com or contact us:+447024054461