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Thursday Update…. (to view on youtube: http://www.youtube.com/watch?v=7hZPBMnfL1Y) Crash alert! The Non-Farm Payroll Report could crash the market. If it’s viewed positive, then we should rally and everything will be ok until next week. If it’s really bad, then look out below! Red ____________________________________________________ The market isn’t bouncing like I thought it would, and . . . → Read More: Odds Of A Stock Market Crash Are Increasing… Tuesday Update… (to watch on youtube: http://www.youtube.com/watch?v=JDoJ71M7qaI) I’m looking for one more down day and then I expect the bullish trend will resume. Red _____________________________________________________ This May 6th is the one year anniversary of the flash crash from last year, which makes the odds of it repeating slim… but! (to watch on . . . → Read More: Is Another Flash Crash Coming? Thursday Update… (to watch on youtube: http://www.youtube.com/watch?v=3x0lhKrVKno) I’m looking for a small red day tomorrow. I think the rising wedge will breakdown and we will form a channel. I don’t think we will go past the 1340-1345 spx area, as that’s strong support now. I also expect the POMO money, (and the light . . . → Read More: Weekend Update – Will The Market Go Up To The SPY FP Of 138.86? Wednesday Update… (to watch on youtube: http://www.youtube.com/watch?v=W3L8bCuIJek ) Another light is expected tomorrow, with a gap up possible. If so, then I expect the rest of the day the market will fall back down some (not pass the current support area of 1330), and end the day slightly higher. A doji (spinning top) . . . → Read More: Light Volume And A Bullish Week Ahead |
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