Forgot to mention biotech stocks as measured by IBB are giving the tell. Down .7% on Friday while Google, AMZN, CMG were skyrocketing higher and down 1.59% today.
We really didn’t get a shooting star on Friday and Monday is a 5 day so maybe another upday for Monday. Nasdaq is way overbought and needs a divergent high.
There’s a certain little astro event on the 22nd which could usher in a change; it usually produces changes but sometimes with a slight lag.
Yes Sir…..that could very well be a very interesting day
Mr Red………….
Once again this market is smoking something……dam…. and I don’t do that…smile!
All indicators I’m looking @ are getting…hot…but I haven’t shorted just yet…..
Seawind
Maybe it’s Halloween……..1+0+3+1+2+0+1+3 = 11, and day after FOMC meeting…………
Gold Chart analysis: http://niftychartsandpatterns.blogspot.in/2013/10/gold-testing-resistance-levels.html
Like I said. Up and away. Maybe 20 point pullbacks if you’re lucky until late January.
Tesla Trend update: http://niftychartsandpatterns.blogspot.in/2013/10/tesla-trend-update_22.html
Forgot to mention biotech stocks as measured by IBB are giving the tell. Down .7% on Friday while Google, AMZN, CMG were skyrocketing higher and down 1.59% today.
EURUSD Chart Analysis: http://niftychartsandpatterns.blogspot.in/2013/10/eurusd-chart-analysis.html
Crude oil testing 200 Day SMA: http://niftychartsandpatterns.blogspot.in/2013/10/crude-oil-testing-200-day-sma.html
We really didn’t get a shooting star on Friday and Monday is a 5 day so maybe another upday for Monday. Nasdaq is way overbought and needs a divergent high.
There’s a certain little astro event on the 22nd which could usher in a change; it usually produces changes but sometimes with a slight lag.