(to watch on youtube: http://www.youtube.com/watch?v=iluvs1DhCN0)
I'm looking for a gap up and crap... plain and simple. I don't think the selling is done until the FP on the SPY of 123.03 and the QQQQ of 52.27 is hit. If tomorrow closes up big, then it's possible we could continue to the major resistance area of 1300 spx on Monday and Tuesday, but I really think we will fool the bulls and reverse back down tomorrow... probably the second half of the day.
Wednesday Update... Possible Flash Crash!
(to watch on youtube: http://www.youtube.com/watch?v=0a_NXi0Eub8)
We have a chance of a Flash Crash tomorrow, but I'm really only looking for the SPY 123.03 and QQQQ 52.27 FP's too be hit, and then a rally the rest of the day and into Friday. After that... who knows? This video below confirms what the woman in the next video down say about the 22nd and 23rd. There is a chance of a earthquake happening off the west coast until about the 26th or so, with the 19th being an important date to watch out for.
I'm looking to exit my short once the 2 FP's are hit... unless it blows past them on some more bad news from Japan. If so, then the Flash Crash should take us to the 1180 spx area, which is the 200dma. I don't think that will happen tomorrow, but it's possible... so keep your ears and eyes glued to the news, and post it if you see something! Good luck everyone...
Will the market explode tomorrow? I think so...
(to watch on youtube: http://www.youtube.com/watch?v=aeA6dzQRyp0)
Once the 60 minute chart peaks out and rolls over, the real panic should happen. It could be some wave 3 of 3 of 3 or something (I'm not an Elliottwave Expert), but whatever it is... it should beat Monday's move down! I think we are now in some sort of wave B (or 2?) up right now, with 1261 being the end of the first wave 1 down.
I suspect we will attempt to get back up to around the 1300 spx level and then start selling back down again. It could happen anytime tomorrow, as it depends on how long it takes for the 60 minute chart to top out and roll over. I suspect it will be within the first half of the day.
I'm still thinking that we will go down to the 123.03 spy FP level, before have a multiple day bounce back up. I can see us hitting that level by this Friday, or sooner. Next Monday and Tuesday we could have another earthquake if the woman in the video that I put up on the weekend post is correct again? (Here is the video one more time)
Notice that she did the video on March 8th, and called for earthquakes to happen between March 11th to the 14th. Then she stated (around 12:30 minutes into the video) that she was given a vision by Jesus and told the numbers 22 and 23. That's this coming Tuesday and Wednesday!
Now, whether or not you believe in Jesus or not isn't important... what is important is the fact that she has science behind her Planet X (also called Planet Nibiru) data, as seen in the computer model and forecasted path of this planetary body that the Main Stream Media (and NASA) says is a comet called Elenin. Lies... it's a planetary body! (Whether it is Planet X or not isn't know, but it's not a comet!)
Watch her video several times if you must, and let it all sink it. What is foretold in the bible is coming true. Notice the new movie out last Friday (3-11-11) called Battle LA has meteors (that are really aliens ships) falling from the sky. The Illuminati are clearly telling us what's coming.
Then there is the 2 Sun's showing up in the sky in the middle east in this video below... what's that all about? Is that what the people in Egypt are really rioting about? We are clearly in the end times, and this market is very fragile and ready to tank hard... as in crash for real this time!
I just don't know what to think right now, as all this information is overloading my head (and scaring me too!). So, I just have to focus on the charts and not think about these things too much, as I can't change any of them. Anyway, as far I as can see in the charts, we should go up in the morning to the 1290-1300 spx area and then roll over into the close.
I think we will be down again on Thursday and possibly Friday too. My target is again the 123.03 spy FP, and I think it will be hit this week. If it's hit by Thursday, then I can see us bouncing up on Friday and Monday too. Then Tuesday will be the 22nd, the date in that woman's vision, so it could be another turning point for more selling? That would be another wave 3 I believe, and a larger one then the one I'm expecting to start tomorrow.
Ok, that's all I got for now. I'll keep these daily posts short and leave the long one for the weekend.