Looks like they are trying to steal the sheep’s “Real Money” just before they destroy the value of the “Toilet Paper Money”. More evidence to me that the plan to crash this market like 1929 is still on will happen next year. Of course any fool turning in his/her gold will hate themselves after the devaluation of the paper money happens and gold and silver goes through the roof.
from a technical measure, the S&P full stochastics (measured by K 14,3 D 3) have crossed and are pointing lower. The RSI stochastics are curving over, and close to crossing. The MACD ( moving average convergence/divergence) is at 2.9 heading towards the zero line. Breadth is horrible.
Ok, I suspect now that the 20-30 point pullback I was expecting is NOW happening. We are over 20 points down from the high Tuesday. So now we need one more run up to make a higher high, double top, or slightly lower high (which would be a “failed” 5th wave up… called “truncated”)
https://en.wikipedia.org/wiki/Gold_Reserve_Act
This happened right before the devalued the dollar in 1932 https://www.rt.com/business/320823-india-gold-program-economy/
Looks like they are trying to steal the sheep’s “Real Money” just before they destroy the value of the “Toilet Paper Money”. More evidence to me that the plan to crash this market like 1929 is still on will happen next year. Of course any fool turning in his/her gold will hate themselves after the devaluation of the paper money happens and gold and silver goes through the roof.
I think the high is in for the rest of this year Scott (sorry for the late response, I lost internet yesterday).
ES Futures Morning Update November 10th, 2015 – http://screencast.com/t/HrXhC1Ul
from a technical measure, the S&P full stochastics (measured by K 14,3 D 3) have crossed and are pointing lower. The RSI stochastics are curving over, and close to crossing. The MACD ( moving average convergence/divergence) is at 2.9 heading towards the zero line. Breadth is horrible.
SPY Afternoon Update November 6th, 2015 – http://screencast.com/t/Lf5Tnpf8rfoY
ES Morning Update November 6th, 2015 – http://screencast.com/t/mp74zicU
Ok, I suspect now that the 20-30 point pullback I was expecting is NOW happening. We are over 20 points down from the high Tuesday. So now we need one more run up to make a higher high, double top, or slightly lower high (which would be a “failed” 5th wave up… called “truncated”)
ES Morning Update November 5th, 2015 – http://screencast.com/t/PoGSjlzu1
SPX Afternoon Update November 4th, 2015 – http://screencast.com/t/h96Rot1uV