Looks like traders didn’t care about the government shutdown. It should take most all week to get the charts overbought again. I’m still not sure if we have a higher high or a low higher but we are in bull mode for awhile now.
So far all is going as expected. All we need for them to do now is to come up with some type of agreement before midnight tonight so the government isn’t shutdown. Then we should see some type of rally start from the good news. Of course if it shutdown then all bets are off on a rally.
Apple chart update: http://niftychartsandpatterns.blogspot.in/2013/10/apple-chart-analysis.html
It’s always slow during the summer month Geccko… but you and I know something wicked is coming this month and next.
Looks like traders didn’t care about the government shutdown. It should take most all week to get the charts overbought again. I’m still not sure if we have a higher high or a low higher but we are in bull mode for awhile now.
Gold breakdown and support levels: http://niftychartsandpatterns.blogspot.in/2013/10/gold-breakdown-and-support-levels.html
The end of the reflective age. Summer’s End.
Bank of America Chart update: http://niftychartsandpatterns.blogspot.in/2013/09/bank-of-america-chart-update_30.html
So far all is going as expected. All we need for them to do now is to come up with some type of agreement before midnight tonight so the government isn’t shutdown. Then we should see some type of rally start from the good news. Of course if it shutdown then all bets are off on a rally.
The low this morning on the ES Futures is 1666.75… LOL! A sign of what’s to come I guess!
ES Trend update: http://niftychartsandpatterns.blogspot.in/2013/09/es-trend-update.html
NEW POST: http://reddragonleo.com/2013/09/28/the-stage-is-being-set-for-a-possible-3000-point-drop-in-the-dow/#disqus_thread