Quetzi puts in an opposition to Pluto tomorrow with the moon nearby (currently), then proceeds to make a square with Uranus over the next few days putting in an effective T square (conjunct Sirius as well). The Sun is conjunct the Pleiades making it a Mayan high holiday.
Have a nice Black Dahlia hit for tomorrow as well as well as some other stuff.
Charts look very toppy today. I can’t rule out one more move up to a slightly higher high then yesterday but this could drop in the afternoon and into the close.
I could see one more small move later today but that’s about all for the upside I think. We should see some selling next week as today looks like a top to me (at least for the short term).
Large “Put” buying going on lately: http://screencast.com/t/SApaFtz9u
ES/SPY Quick 5 Minute Video Update: http://screencast.com/t/2xIIELJh70nR
“In today’s meeting Janet Yellen will re-enforce the words “UP ONLY” in the stock market since Bernanke removed the word “DOWN” previously.
Quetzi puts in an opposition to Pluto tomorrow with the moon nearby (currently), then proceeds to make a square with Uranus over the next few days putting in an effective T square (conjunct Sirius as well). The Sun is conjunct the Pleiades making it a Mayan high holiday.
Have a nice Black Dahlia hit for tomorrow as well as well as some other stuff.
I think every market has hit new all time highs now except the Nasdaq Futures, which is probably what’s holding the market up.
Charts look very toppy today. I can’t rule out one more move up to a slightly higher high then yesterday but this could drop in the afternoon and into the close.
Mixed charts today. I see no clear direction.
Volatility
I could see one more small move later today but that’s about all for the upside I think. We should see some selling next week as today looks like a top to me (at least for the short term).
ES Futures Update: http://screencast.com/t/4Qltuk3vKo7