I’d still like to see a quick pop to 1692 SPX (into the close today or Monday morning) and/or VXX much closer to a double bottom at 14.00… and then I’d say the high is very likely in for awhile.
Tomorrow is Friday the 13th, 705years 11 months from the original Friday the 13th episode but will it be a Black Friday? It doesn’t look that way but maybe it will be for gold which is currently getting hammered. The original Black Friday was approximately 144 years ago +1 or 2 weeks and did see the price of gold get crushed. And Stanley Kubrick did have a Gold room in the Overlook Hotel in the Shining along with the Colorado Room (Colorado the Centennial State–founded in 1876 (913)). Colorado also home to Popgun and Tebowmania. Popgun does square off against little Bro in NYC this weekend in the nationally televised game and check out the last time they faced each other.
In tonite’s NFL game featuring the Sanchito-less Jets against the Patriots in Foxboro, they were flashing some good numerology. The new Jets QB #7 was paired with running back #29 and they were constantly flashing 1929 in the huddle complemented by #84 (which I don’t get). Then saw some plants errr “fans” in the stands wearing Gronk’s #87 next to someone wearing the # 4.
They constantly showed the Jets lineman paired with their 33, 66, 77 numbers or 33, 77,66 #s. Saw a Patriots helmet affixed with the number 77 matched with #12 (Brady’s #12??) which brought me back to the opening scene of the 1978 classic Silent Partner which starts off set in December 1977. (12-77) We see the 14-15 combo immediately in the early bank scene.
We are very close to a top. If it’s not already here then what we are seeing today is a small wave 4 down with one more wave 5 up. The target on it is 1692 or 1699 if they really extend it. I was really expecting a gap up today, which then would have been a great short. But the failure to do so means we could still have one more exhaustion move up tomorrow.
Averaging into short positions still seems wise though, as the next move down is likely going to be a C wave… and it should take out the current low of 1627 and head for 1560 area over the coming weeks.
Apple Weekly Bearish Engulfing: http://niftychartsandpatterns.blogspot.com/2013/09/apple-weekly-bearish-engulfing.html
can you PLEASE for the love of all mighty TRANSLATE THAT?
AAPL update, it may trade 465 to 475 for 3 weeks in a row. IBM and BRCM sort of did that already
i’m glad shorts are working.
CNX short worked, WLT fell as well
I’d still like to see a quick pop to 1692 SPX (into the close today or Monday morning) and/or VXX much closer to a double bottom at 14.00… and then I’d say the high is very likely in for awhile.
Tomorrow is Friday the 13th, 705years 11 months from the original Friday the 13th episode but will it be a Black Friday? It doesn’t look that way but maybe it will be for gold which is currently getting hammered. The original Black Friday was approximately 144 years ago +1 or 2 weeks and did see the price of gold get crushed. And Stanley Kubrick did have a Gold room in the Overlook Hotel in the Shining along with the Colorado Room (Colorado the Centennial State–founded in 1876 (913)). Colorado also home to Popgun and Tebowmania. Popgun does square off against little Bro in NYC this weekend in the nationally televised game and check out the last time they faced each other.
In tonite’s NFL game featuring the Sanchito-less Jets against the Patriots in Foxboro, they were flashing some good numerology. The new Jets QB #7 was paired with running back #29 and they were constantly flashing 1929 in the huddle complemented by #84 (which I don’t get). Then saw some plants errr “fans” in the stands wearing Gronk’s #87 next to someone wearing the # 4.
They constantly showed the Jets lineman paired with their 33, 66, 77 numbers or 33, 77,66 #s. Saw a Patriots helmet affixed with the number 77 matched with #12 (Brady’s #12??) which brought me back to the opening scene of the 1978 classic Silent Partner which starts off set in December 1977. (12-77) We see the 14-15 combo immediately in the early bank scene.
ES Chart update: http://niftychartsandpatterns.blogspot.in/2013/09/es-chart-update_12.html
We are very close to a top. If it’s not already here then what we are seeing today is a small wave 4 down with one more wave 5 up. The target on it is 1692 or 1699 if they really extend it. I was really expecting a gap up today, which then would have been a great short. But the failure to do so means we could still have one more exhaustion move up tomorrow.
Averaging into short positions still seems wise though, as the next move down is likely going to be a C wave… and it should take out the current low of 1627 and head for 1560 area over the coming weeks.
GOLD Chart analysis: http://niftychartsandpatterns.blogspot.in/2013/09/gold-bearish-price-action.html