You are such an awake and aware person to how this world runs. You see numbers and cycles most don’t. God has truly blessed you with an amazing third eye. Been following you for months. Wish you could give me a one hour tutor to get me started on my journey. Because I too also am familiar with sacred numbers/geomtery and can see certain paterns that history always repeats. I just need to turn this skill into making some money but don’t know anyone like you in real life. . after all its in investment to my future and not a cost. I need help getting started on the right foot.. Care to help? I can pay for your time. Namaste
Tomorrow is the infamous 59 and today was 117 trading days off the November low making it 275tds from last year’s 4-2 high which itself was 775 tds from the 3-6-9 low which all adds up to 1050 tds from 3-6-9. It is also a Fib 55 tds from the late Feb high.
Solar eclipse tomorrow and there was an extremely high tick reading today.
And WB’s old buddy Frank Holmes is imploring investors to ignore the sell in May and go away mantra. I wonder if the CNBC gang is parroting that philosophy. They did the opposite back in November 2000 before all the markets tanked.
It’s a nice job by the operators to start off the May seasonal period so strongly so that investors might ignore/ forget about the sell in May mantra.
Most indices have now put in two new bars in the new high (breakout) range, in particular the DAX.
Looks like the bulls are dragging this out and will likely wait until tomorrow before moving down 20-40 points. After it happens there should be one more rally back up which should take out this current high and get close to 1650 SPX.
Remember the old saying that the gang at “Mr TopStep” likes to quote… “the low is usually put in the Thursday or Friday prior to option expiration”. Tomorrow and Friday therefore should put in the low and then the week of option expiration (next week) they rally it back up to make those put holders expire worthless.
This is common manipulation by the gangsters as they don’t want to pay out any money to call holders or put holders. So they have to shake out the call holders with a move down quickly and then shake out the put holders the next week with a slow grind back up.
The likely downside target is the 1600 area where the market broke out from. There is the gap fill area at 1597 which really should be filled, but of course there’s no guarantee on that. Maybe we only dip to 1610 or so? I don’t know the downside target but tomorrow now seems like the best date for it to happen.
Funny how many bulls are out there now and how many bear blogs are dead. Rest assured that this is NOT the start of a new bull market. After this coming 20-40 point drop and then the following last rally back up (target still 1630-1650 spx) we will see the bear return.
How do I know this? My “bear blog” is dead and so is every other bear blog. They always die as the market tops and this is no exception. The market is rigged to make you go long at the top and short at the bottom. There will likely be one more move up but this bull is almost dead… mark my words on that.
i agree with this print. that might very well be the top for may.
1620 eps top, 1635-1645 stock buyback top.
You are such an awake and aware person to how this world runs. You see numbers and cycles most don’t. God has truly blessed you with an amazing third eye. Been following you for months. Wish you could give me a one hour tutor to get me started on my journey. Because I too also am familiar with sacred numbers/geomtery and can see certain paterns that history always repeats. I just need to turn this skill into making some money but don’t know anyone like you in real life. . after all its in investment to my future and not a cost. I need help getting started on the right foot.. Care to help? I can pay for your time. Namaste
APPLE Chart update: http://niftychartsandpatterns.blogspot.in/2013/05/apple-chart-update_9.html
SINKO de MAYA time NOW!!!!!!!!??????
Tomorrow is the infamous 59 and today was 117 trading days off the November low making it 275tds from last year’s 4-2 high which itself was 775 tds from the 3-6-9 low which all adds up to 1050 tds from 3-6-9. It is also a Fib 55 tds from the late Feb high.
Solar eclipse tomorrow and there was an extremely high tick reading today.
And WB’s old buddy Frank Holmes is imploring investors to ignore the sell in May and go away mantra. I wonder if the CNBC gang is parroting that philosophy. They did the opposite back in November 2000 before all the markets tanked.
It’s a nice job by the operators to start off the May seasonal period so strongly so that investors might ignore/ forget about the sell in May mantra.
Most indices have now put in two new bars in the new high (breakout) range, in particular the DAX.
New FP on the SPY… possible final upside target for Thursday, May 9th.
http://screencast.com/t/HZjCzwDJa
Looks like the bulls are dragging this out and will likely wait until tomorrow before moving down 20-40 points. After it happens there should be one more rally back up which should take out this current high and get close to 1650 SPX.
Remember the old saying that the gang at “Mr TopStep” likes to quote… “the low is usually put in the Thursday or Friday prior to option expiration”. Tomorrow and Friday therefore should put in the low and then the week of option expiration (next week) they rally it back up to make those put holders expire worthless.
This is common manipulation by the gangsters as they don’t want to pay out any money to call holders or put holders. So they have to shake out the call holders with a move down quickly and then shake out the put holders the next week with a slow grind back up.
The likely downside target is the 1600 area where the market broke out from. There is the gap fill area at 1597 which really should be filled, but of course there’s no guarantee on that. Maybe we only dip to 1610 or so? I don’t know the downside target but tomorrow now seems like the best date for it to happen.
GOOGLE Resistance line and Divergence: http://niftychartsandpatterns.blogspot.in/2013/05/google-resistance-line-and-divergence.html
ES Chart analysis: http://niftychartsandpatterns.blogspot.in/2013/05/es-chart-analysis_8.html
Funny how many bulls are out there now and how many bear blogs are dead. Rest assured that this is NOT the start of a new bull market. After this coming 20-40 point drop and then the following last rally back up (target still 1630-1650 spx) we will see the bear return.
How do I know this? My “bear blog” is dead and so is every other bear blog. They always die as the market tops and this is no exception. The market is rigged to make you go long at the top and short at the bottom. There will likely be one more move up but this bull is almost dead… mark my words on that.
I see a move down coming tomorrow gang… I’d guess a minimum of 20 points and maximum of 40 points.