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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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
means to get popular in life. So if
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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
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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
means to get popular in life. So if
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They should have washed things out today on the NFLX’s news. Instead they put in a very bullish candle. To fool the sheeple? The markets did test yesterday’s lows without exceeding them for the most part but the ensuing bounces mostly just tested resistance at the close of 2 days ago. Meanwhile, small caps have been rallying for three days already.
Yellen speaks pre-market tomorrow just in time to save the day but they did the Fed-speak rescue today with Bullard’s remarks on possibly continuing QE. So how does Yellen top that tomorrow. Or does she disappoint the markets? It is Friday 10-17. Forgot to mention the big 707 year anniversary on Monday. But a certain little component of a certain little indicator did rally up to the 0 line today so it has room for a multi-day decline although the overall indicator is in oversold enough of territory from which bottoms are formed.
Even if this is a first wave down, it should bottom with around 900 new 52 week lows for the NYSE. Instead today saw new lows drop down into the 200s.
But the biggest concern I have is with the astro-trader/trolls who have been arguing for the market to rally into the solar eclipse like Larry Pesavento. As expected, the opposite has been occurring. They plunged into the solar eclipse in double ninen.
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
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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
I’m thinking around the same as what’s in this chart: http://www.amateur-investor.net/AII_Daily_Report_Oct_16_2014.htm
They should have washed things out today on the NFLX’s news. Instead they put in a very bullish candle. To fool the sheeple? The markets did test yesterday’s lows without exceeding them for the most part but the ensuing bounces mostly just tested resistance at the close of 2 days ago. Meanwhile, small caps have been rallying for three days already.
Yellen speaks pre-market tomorrow just in time to save the day but they did the Fed-speak rescue today with Bullard’s remarks on possibly continuing QE. So how does Yellen top that tomorrow. Or does she disappoint the markets? It is Friday 10-17. Forgot to mention the big 707 year anniversary on Monday. But a certain little component of a certain little indicator did rally up to the 0 line today so it has room for a multi-day decline although the overall indicator is in oversold enough of territory from which bottoms are formed.
Even if this is a first wave down, it should bottom with around 900 new 52 week lows for the NYSE. Instead today saw new lows drop down into the 200s.
But the biggest concern I have is with the astro-trader/trolls who have been arguing for the market to rally into the solar eclipse like Larry Pesavento. As expected, the opposite has been occurring. They plunged into the solar eclipse in double ninen.
SPY Triangle updated: http://screencast.com/t/9Mor4JiX
SPY 60 minute chart with volume marked indicates another lower low coming soon: http://screencast.com/t/GgxveOChduZ5
Market Update (SPY): http://screencast.com/t/6osEaYFd1ks