Tomorrow is July 12 or 7-12 and there is a Room 237, the Shining documentary, connection to that date tomorrow although I am too tired to really convey the message very well. As it is presented in the documentary: July 12, 1987…..more on this maybe tomorrow.
If my theories are correct, the markets should start heading south tomorrow.
We got the large whitebar today that closed above the late June high today for the Dow, SP, and $nya. With the perfect news for a top but 60 min RSIs are at extreme levels all across the board which might require another new high later. SP, Nasdaq are at the very extreme 89 level while Rusell 2000 is at a slightly lesser extreme level of 79.
Today is a Fib 34(7) trading days from the May 22 high but this rally might hold up until tomorrow when it will 35 tds since the markets seem to make important highs on 5s with the 4-2,12 high being at 775 tds from 3-6-9 and may 22 being 1060 tds later.
A certain little indicator is far below its 50 day average which is really short term bearish while its component finally reached the overbought level seen at the B wave high double five years ago.
Tomorrow is July 12 or 7-12 and there is a Room 237, the Shining documentary, connection to that date tomorrow although I am too tired to really convey the message very well. As it is presented in the documentary: July 12, 1987…..more on this maybe tomorrow.
If my theories are correct, the markets should start heading south tomorrow.
We got the large whitebar today that closed above the late June high today for the Dow, SP, and $nya. With the perfect news for a top but 60 min RSIs are at extreme levels all across the board which might require another new high later. SP, Nasdaq are at the very extreme 89 level while Rusell 2000 is at a slightly lesser extreme level of 79.
Today is a Fib 34(7) trading days from the May 22 high but this rally might hold up until tomorrow when it will 35 tds since the markets seem to make important highs on 5s with the 4-2,12 high being at 775 tds from 3-6-9 and may 22 being 1060 tds later.
A certain little indicator is far below its 50 day average which is really short term bearish while its component finally reached the overbought level seen at the B wave high double five years ago.
I don’t know Rose? I’m sure there is a coded message in the FP on Silver but I can’t read it.
CRUDE Oil Support levels: http://niftychartsandpatterns.blogspot.in/2013/07/crude-oil-testing-support-levels.html
Facebook Resistance levels: http://niftychartsandpatterns.blogspot.in/2013/07/facebook-resistance-levels.html
Hewlett Packard chart analysis: http://niftychartsandpatterns.blogspot.in/2013/07/hewlett-packard-chart-analysis.html
Red, what was the fp on slv. does it mean silver going to 35.20. I think there was fp for spx: 1600. someone saw fp for 10 yr bond rate at 3.8%
ES charts: http://niftychartsandpatterns.blogspot.in/2013/07/es-chart-analysis_10.html
Gold triangle update: http://niftychartsandpatterns.blogspot.in/2013/07/gold-triangle-update.html
Waiting on the FOMC minutes I guess… http://screencast.com/t/AUkG9OTOkdX8