The line containing to the upside for the $spx is the 160 month mov. av. is this about correct? you figured it out for the spy. this is the “containment” to the upside.
The containment to the downside is a line which you do not identify but it seems to be the 80 week mov. av.
on the daily it seems you are using the 50 day mov av on the spy. As you say this has be backtested on the daily. So why do we have to go back up there?
It's when the crooks (aka Wall Street) tell their buddies where they plan to take the market next. It could be in a month, or less… but once the selling begins, that's where it should end.
Go look at my past post from a month ago about the 97 point mis-print (fake print). The market never went to 1047 that day. It only showed up for about 5 minutes on the money.cnn.com website, and then they corrected it to show the real close for the day.
The link is in my post above. I forgot about it, or I would have bailed out on my short position when we tagged that level last week. (we actually pierced it and hit 1044 as the low, but that's close enough to where they said they were going to take it).
Anna wanted me to put HOB back up, so I did. I had too email disqus about getting the comments back up and working. I re-activated them on HOB through wordpress, but they still don't work? So, I can only assume that they need to turn something back on from their end. Should be back up in a day or so.
Hey there Red, hope you are hanging in there. We will know the truth soon. No matter how much analysis we do, we can't predict the future and probably to do so is gambling. I do think the market is not completely random and some people have connections to the inside. Who knows though. In the meanwhile, let's just hope for the best and learn our lesson for the next time.
Thanks for your great posts. I always love reading them.
Don't even get me started on this shit. The whole entire system in this country is set up to keep the sheople confused and unable/unwilling to think for themselves.
Question for Sundancer390
The line containing to the upside for the $spx is the 160 month mov. av. is this about correct? you figured it out for the spy. this is the “containment” to the upside.
The containment to the downside is a line which you do not identify but it seems to be the 80 week mov. av.
on the daily it seems you are using the 50 day mov av on the spy. As you say this has be backtested on the daily. So why do we have to go back up there?
you don't label the purple line
what is it?
It's when the crooks (aka Wall Street) tell their buddies where they plan to take the market next. It could be in a month, or less… but once the selling begins, that's where it should end.
Go look at my past post from a month ago about the 97 point mis-print (fake print). The market never went to 1047 that day. It only showed up for about 5 minutes on the money.cnn.com website, and then they corrected it to show the real close for the day.
The link is in my post above. I forgot about it, or I would have bailed out on my short position when we tagged that level last week. (we actually pierced it and hit 1044 as the low, but that's close enough to where they said they were going to take it).
what do you mean my a “fake print”
It could go either way now Ben? No one really knows yet. I see bullish reasons and bearish reasons. We just have to wait and see.
Thanks for the update Red. I am glad she will have that site back up.
By the way Monica,
Anna wanted me to put HOB back up, so I did. I had too email disqus about getting the comments back up and working. I re-activated them on HOB through wordpress, but they still don't work? So, I can only assume that they need to turn something back on from their end. Should be back up in a day or so.
Hey Red I hope you can make sense of this and tell us what is going on.
apparently the bottom is in?
see evil speculator with $cpce
Hey there Red, hope you are hanging in there. We will know the truth soon. No matter how much analysis we do, we can't predict the future and probably to do so is gambling. I do think the market is not completely random and some people have connections to the inside. Who knows though. In the meanwhile, let's just hope for the best and learn our lesson for the next time.
Thanks for your great posts. I always love reading them.
Don't even get me started on this shit. The whole entire system in this country is set up to keep the sheople confused and unable/unwilling to think for themselves.