This week we have an FOMC meeting on Wednesday, which could keep the market in float mode with a downward bias until it's over with. Between now and then we'll be looking for an A wave down and a B wave up to finish before the Fed's raise rates again... which they should do. But if they decide not the raise rates that will be viewed as negative on the economy too, and that's not good for the market. Either way I do think we are in for a small pullback this week and probably into next week.

Support for this whole ABC move down would be around the prior lows of 9/6 to 9/11, which is close to prior highs from 8/7 to 8/9, and that's in the 2865 area. If for some reason we drift down into that area in front of the meeting with no bounce back up for the B wave then I'd have to think we are going deeper and that the B wave will be after the meeting (something positive would of course be said to spark that bounce). At this point I'd look for 8/2 or 8/15 low to be tested, which is 2790-2800, and that should end this coming pullback and allow another strong rally up to 3000+ in the coming months.

This is the best scenario for the bulls in my opinion as it gets the market oversold enough for a stronger rally back up. Failure to have any pullback (other then what we already have right now of course) and instead a turn back up for a higher high would very likely kill the chances of reaching 3000 in my opinion and setup the market for a very large drop in front of the midterms... which I'm sure Trump doesn't want to happen.

So I'm really leaning toward a drop for a week or so that gets the short term charts oversold so a stronger rally up the next few months can occur. For today we have a nice bear flag on the 60 minute chart so we might see some more sideways movement early in the day and a breakdown later toward the close, or it holds all day and rises small and breaks down tomorrow morning. Tough to call as the market waits on the 2pm EST Fed meeting Wednesday. So we watch and wait...

The long awaited FP from 2/27 was hit yesterday so if it's going to work we should start down from here. Slowly at first of course with bounces along the way, but that should have been the high for awhile. Today is quad witching where 4 different asset classes expire. Dividend on the SPY are out today as well and it causes a drop in the price level to offset the payout. Over on the dividend.com website this morning it shows a $1.3226 payout for 9/21/2018 on the SPY, so we'll open that much lower on it for sure... plus any extra based on the futures price if they too pullback some today.

Right now they are basically flat (up a little) so hard to say where the market is going today. It's overbought of course and should pullback, but with the DOW making a new all time high one has to wonder if there's more upside still coming before a larger drop happens. For me I just have to go with the FP signal and it was fulfilled yesterday, so we should be close to a turn back down now. As far as technical s go, the daily chart of the SPX overbought with negative divergence but that's not a guarantee of a turn back down yet. The allure of the 3000 level could drag this market up or sideways for awhile longer but everyone becomes bullish and then it will rollover, falling short of hitting that level.

From the past when important "big even number" level are close I've noticed the SPX will get up into the XX70-XX90 zone before it dies out and rolls over. We topped at 2940 on the ES yesterday and only 2934 on the SPX, so there could be more upside yet to come before all the bears become bulls. Again, I just went with the FP on this move so I'm already as tall as mini me right now. I could be totally wrong and we could continue up but I had to go with the FP as they have been working really well this year. So, lets see where today takes us as it should be an interesting day with all those assets expiring. Have a great weekend.

Slowly but surely the market is continuing to grind higher up toward that FP from 2/27 of this year. At this rate we could see it by the close today or maybe even tomorrow? Either way we are very close to a top in my opinion and then a 5-7% pullback at minimum... which could be just the first large A waved down to be followed by a B wave bounce and a possible crash (the C wave down) afterwards. It's still 50/50 on the crash wave I believe but I'm not overlooking it is possible. The A wave (5-7% correction) has high odds in my view as I've gotten two different FP's showing such a drop. But after it's done we could just as easily rally back up into the end of the year and top out over 3000 on the SPX, maybe even 30,000 on the DOW in early 2019... who knows?

Other good chartist are looking for 3100-3200 on the SPX by the end of this year, so either is possible. But I'll just play this market one move at a time. Right now I'm just waiting on the upside FP to be hit so I can short it for the 5-7% move down afterwards. From there I'd say I'll go long and see how high it goes? Maybe it dies after a 50% retrace and drops into a crash wave, or maybe it keeps going on up for another new all time high into the end of this year or early next? I'll just cross that road when I get there. For now I'm only "short alert" and patiently waiting. Good Luck to everyone.

Yesterday showed the first signs of weakness as Amazon dropped sharply and several other tech stocks. But the SPY held on strong the first half of the day fooling people into thinking it was a non-event. In the second half of the day the SPY finally succumbed to selling pressure and dropped fairly nice... at least it was more then what we've seen in a long time. Basically, it's cracks in the walls... which I was hoping it would start after the long foretold upside FP was hit.

Now it's make me wonder if they plan on pushing this turn date around September 18th out to another date unknown. I did not want to see the short term charts get this oversold before that FP was hit. And afterhours we can see that the SPY dropped even further before hitting a bottom and reversing back up this morning. I don't like that at all... feels like a bear trap. I would have liked to see the SPY turn back up afterhours and be overbought at the open but that's not the case. I get the feeling that move down was a wave 4 of some degree and the wave 5 up is about to start today.

If so then we could be in for another week or two of some wild swings both directions before a final squeeze up to the FP (around 2940 on the ES/SPX). Waking up the bears wasn't part of my plan to see the FP hit today and then the big drop to start. Now that the bulls screwed this up the market makers will undoubtedly do the bull-bear shake-and-bake for a week or two so both sides get trapped on the wrong side before the FP is hit and then the big drop starts. It's not a done deal here but my gut tells we are entering the Twilight Zone for bit and no moves in either direction will be real.

Today the bulls will see this move up afterhours and will suspect a new strong move up (like a wave 5) that they think will take out the current high. But if my gut is right the move up will stale and just trap bulls at a double top. Then bears will get on the southbound train and the next move down will stale out as well... probably just below the current low around 2883.50 (give or take a few points). From a wave count that could be labeled a C wave down if yesterday was the A down and today puts in the B up (all of the suspected wave 4 up of course).

Naturally wave C's are usually much bigger then A wave so bears will be expecting a breakdown of the low yesterday afterhours (around 288.20 SPY). So what if it falls short of that prior low on the ES/SPX (and/or SPY), and then rips back up again? I wish I had the exact road map as to how this is all going to play out but I don't unfortunately. So I just have to guess and stay in cash until the upside FP is hit. I've been here before in the past where the market makers take it close to a FP level and then back away for awhile. It's like they know more and more sheep are figuring out the FP's are real future targets so they can't just go straight to one but instead have to get those with itchy fingers to take a position early thinking the FP wasn't real or that it was "close enough" to being hit so they jumped in early.

Every time I did that in the past the market makers would go in my direction for a bit and then reverse and go hit the FP which screwed me (and everyone that went early) on my position. With time decay on options and the actual price going against I'd always have to bail for a loss. Then the FP hits and I don't take it because I already got shaken out and angry. Lesson learned here is that the market makers are really good at their jobs... which is ALWAYS to screw the sheep.

Anyway, my turn date for today seems unlikely now for the top being put in. It could happen but at this point they might have a secondary date planned. I know it's close as we have the Legatus Pilgrimage scheduled for this October 5th-12th and many times in the past big turns happen around them. It's where "they" go (Rome... the Vatican Bank) to launder their stolen money. Meaning that while I'm expecting this to drag out into that meeting it is possible that we drag out for another week or so to hit the FP and start the first wave down in front of the meeting and then the wave back up to top during the meeting, leaving the 3rd wave (the big drop) to happen right afterwards. Anyway... I'm still waiting.

Good Monday morning to everyone. I hope that it was a great weekend for you as summer gives way to fall where temperatures are pleasant again and trees shed their leaves after first turning them into beautiful colors. Spending half my life in Jacksonville, FL I'd almost forgot how beautiful the fall period is up north, but now that's I'm here in Ohio I get to see the tree show their beauty again. Anyway, for today I really don't see much in the charts. It's probably going to be another light volume Monday, which favors the bulls.

But they are up against a double top so unless they gap over it afterhours or premarket I doubt if they get through it today... possibly, but not high odds. Doesn't matter to me as I'll just wait another day as I do see one more push higher to hit the FP on the SPY before topping out. So again, September 18th (tomorrow) would be my best guess on this hitting and ending the long rally up from January 2016. A large correction (or crash?) should follow but how large is just anyone's guess.

But 5-6% down should be a given and from there we'll just have to see what happens. If the bounce back up fails then the next move down would turn the correction into a crash with 30-50% down a real possibility. I'm not putting any odds on it as I just don't know? But the 5-6% down does have high odds of happening. This could all be a political move to blame on Trump where we see the first drop in front of the election and the crash afterward in November. It would be a failure of the Republicans to keep control of both houses in the midterms this November election.

Certainly it's already set as the elite know the outcome of the elections and therefore the plans for the stock market. I know, you were told that the elite were surprised by Trump winning as they wanted Hilary... not true. That's just more of the lies they want us sheep to believe. Trump was pre-selected to be president by in the year 2000 as seen on the Simpson show where he walks down an escalator and waves while someone in the crowd above drops a sign he's holding... which was done 16 years latter in real life when Trump really did win. This was foretold back then and it really happened. The stock market correction or crash is planned years in advance as well. This November election is planned and while we don't know the outcome they do.

It's up to us to guess at whether they are done using Trump or not? If they are finished with him then the midterms will go to the Democrats and stock market will crash. If not, then only the correction in October and we'll see another strong leg up into 2019-2020. I have two FP's showing the 5-6% drops but I don't have any for the crash... so maybe it won't happen and all will be well this year. I hope so as a crash of this magnitude (like 1929 or 1987) would really hurt a lot of people and I'd hate to see that happen just for them to make Trump look bad. Better to keep him in so he can arrest more satanist pedophiles and keep draining the swamp.

I did not take a short yesterday as noted in the chatroom. This morning we see futures up slightly and are basically at a double top level from 8/29. This 6 hour chart shows the MACD's still rising but they are putting in a negative divergence so odds point to a pullback soon. However, we all know that the upside FP on the SPY is the upside target before this market really dumps hard, so if we get any pullbacks before it's hit I'd have to think they will continue to buy them back up.

They could certainly just keep on grinding up today to reach that FP by the close if they get a squeeze going, or maybe early next week. It's just a waiting game for know. I don't planning on doing anything today as it's Friday and I don't think they will hit the FP today. Since this is the first time up at this double top odds say it won't get through it on this attempt. But Monday or Tuesday they could juice the futures and gap up over it to run for the FP where a top should be at. Anyway, I'll end this update here as there's not much more to add. Have a great weekend.

Looking at the futures this morning it's looking like they are making another run up for a double top, which appears to be a hit of the rising brownish-orange trendline. If this rally extends out into Friday then it would be a higher high of course. But it's not looking good for the bulls right now as far as reaching that FP on the SPY from 2/27 this year. Possibly they top out today and drop on Friday several hundred DOW points (maybe 30-50 SPX points?) to wake up the bears and setup a final short squeeze back up into the middle of next week?

It's really a tricky spot here as they gave us the upside target with the FP but they haven't hit it yet and appear to be too weak to keep rallying up for several days to hit it. Believe me, I'd love for them to just rally up today and tomorrow to hit and then I'd take the short. But my gut (and the weak charts) tell me that the bulls are likely too weak here to get past this double top area on the first hit. I hope they do but I wouldn't be surprised if we don't see them rollover tomorrow after failing to get through that zone today. If you look at it from a wave count you could say the first move down from the 8/29 high into the 9/7 low could have been just an A wave of some degree inside a wave 4 down.

Then the rally up from that 9/7 low to a possible double top today would be the B wave up of that wave 4 down. Then tomorrow we could see the C wave down of 4 down to end the ABC 4th wave, which should wake up enough bears for a nice short squeeze into next week for the final 5th wave up into that FP from 2/27. Just a thought there guys as I'm not an expert on wave counts but do follow other experts and include their possible counts from time to time.

So, the question will be... do I short at today's close to catch that C wave down of wave 4 or not? We'll I can't answer that before the market opens in this morning update but I'll post it in the chatroom today at the close if I go short. I'll be looking for the market to close up near the highs for the day and for a double top to have happened. If this works out then the C wave down should go back into the falling channel area before ending is my best guess. So it could be a nice move that should make some good profit if timed right. Good luck as always.

P.S. If I'm wrong on the wave count (and the FP) and the high is put in today then I'll be very glad I shorted. 🙂

Nine years ago today I started this blog. It's hard to believe I'm still doing it. Back then using disqus for you comments was the newest "cool" thing that many wordpress users switched to. Today I'm sure it's still around as I see some blogs with it still but others went back to the native wordpress comments as it evolved to allow users to login via twitter, google plus, fackbook, or wordpess... which back then people had to sign up with wordpress to create an account just to post on someones blog.

Things have changes for sure since then. Facebook was just getting started and MySpace was still the hot new thing. The stock market had bottomed earlier that year from crashing in late 2008. I had little to no knowledge about understanding technicals and other charting methods... but I learned as time went on. I discovered my first fake print a few months later on January 11th, 2010... and at the time I didn't know what to call them so I made up the name "Fake Print" and today I've seen many well known sites like ZeroHedge start calling them that name too... LOL. When I saw that FP (fake print) hit a month later I knew then the market was rigged.

Since then I've had to learn more cryptic methods and look for signals via numerology in the price as well as the date, plus the FP's. It's not easy to predict as the people that control the market allow certain technicals to work I'd guess about 80% of the time. Then they completely fail and your only hope is if you caught some FP and/or some codes in the numbers. It is what is is I guess, for if it were a fairly traded the market the elite couldn't get rich as the smart poor traders would start winning too much.

Anyway, enough about that. For today I really don't see anything to lean the market one direction or the other. Odds aren't high for a rally or a deep drop (due to the lack of volume). Both the 2 and 6 hour charts look exhausted and want to rollover but without volume they could just reset back up in another day or two. The daily chart is overbought too and is rolling over on its MACD's. The weekly chart shows negative divergence on it as well. Everything signals a move down is coming soon, but the "when" part is tough to predict. Next Tuesday is 09/18/18, which is 999 or 666 upside down. Possibly that will be the date we top and start the next drop? But this week it's looking more like more light volume chop to tease bears and bulls alike. I'd love to see a blow off top to the FP I got back on 02/27/18 but we're still about 30 points (SPX) below it now... so it's a ways off yet. That's all I have for today.

Yesterday I talked about the morning open being some kind of wave 1 up from the Friday low and that it should backtest the upper trendline in the falling channel... which it did early on, and bounced, but since then has rolled back down lower again. That's the reason I wasn't chasing the "potential" wave 3 up as I was unsure of the wave account and didn't like the overall negative vibe for the month of September. Then there was the early Sunday morning FP on the SPY that I didn't mention in yesterdays update but shows a low of 286.45 around 4 am EST, which just might be the downside target low before any rally starts. Of course that changes the wave count as it's lower then Friday's low, so I'll just re-guess at a new count when it appears.

As far as the 2/27/2018 upside FP on the SPY, it's not looking go to be hit right now. The all time could be in? However, I'll give this another week to see if the bulls can get something going or not. But by the early to mid next week they need to rally or else I think it will be too late as the September pullback, correction, or crash will probably be in the starting down waves already. For today though I'll keep it simple... look for that 286.45 FP to be hit on the SPY as your downside target where a turn back up should happen. From there I'll decide if I want to risk a long or just wait for a short. Good Luck.

P.S. It's sad to think that an estimated 20,000 people were murdered by the Bush family 17 years ago when they took down the twin towers and other buildings with explosives as well as flew a missile into the Pentagon all just to steal the assets of another country and spread fear here in America so they could get their "New World Order" of massive freedom violations, privacy invasion, accepted scanning and chipping of people, and who knows what else... off to a great start. People now have to remove their shoes at airports for NO REASON just because the powers that be continue to suppress freedom by the people and want us all as their slaves. May the entire Bush family find a nice warm fire in hell where they all are going to one day. And let's have their friends in the Rockefeller, Rothschilds, Morgan, Soro's, and so many other evil families join them for a fire side picnic.

Happy Monday to everyone. Looks like an exciting week is in front us now as the futures are up some and out of that falling channel. On the 6 hour chart the MACD's made a bullish cross so I expect this move up to last awhile. However, on this 60 minute chart we can clearly see it's overbought and acting like it wants to rollover. This is common I think as what we might see is a backtest of the upper trendline in the falling channel to make a wave 2 down of some degree while the breakout upside move is the wave 1. It would also make a right shoulder of an inverted head and shoulders pattern, so that too will aid in the next move up after the backtest.

However, don't put a lot of weight in an inverted head and shoulders pattern that is up near the highs as they work best when coming off an important low... which was ages ago. Never the less though the charts are aligning short term bullish. The daily and weekly though are still very overbought and ready to pullback anytime now. And the weekly and monthly now have negative divergence setting up. Those charts tell the big picture of course, which means an important all time top could (should) be put in before this year ends... one that could last 1-2 years or more. But that's thinking too far ahead so let's save that for another day.

For now I'll just be watching the pullback closely today to see if it sets up a nice wave 3 up into Tues/Wed that I might take a tiny long on. But make no mistake I'm expecting a super nice short here very soon where I'll load the boat up with SPY Puts... in the meantime though I will just look for some small quick in and quick out SPY Calls. If I take long it will be like trying to get the last penny in front of the steamroller that is about to turn around and go down another road just full of new coins. Who knows? I'll probably chicken out on the long and just wait for the short... LOL. Anyway, time for some coffee so I'll end this update here.

Looks like the futures are dropping a little more this morning. This is a very controlled descend in a nice falling channel. This doesn't look like the start of a serious drop to me but more of a pullback before another run up to (hopefully) the FP on the SPY sometime next week. It still acts and feels like some degree of a wave 4 down and this coming 5th wave up should end a very long multi-month rally up. I don't see much in the way of high odds setups for today so I'll keep this post short. We might see the bottom of this move down today or it could extend into Monday?

I'm not interested in playing it on the upside unless I can see a clean bottom, then a wave 1 up and 2 down of this 5th wave up. If I see that happen with positive divergence setup too then I might try to catch the wave 3 up inside that 5th wave up. But I doubt if it appears today and is that obvious to catch. Most likely SkyNet will trick people by doing the wave 2 down into the close of a day like today where it can trap shorts over the weekend and then gap up on Monday for the start of the wave 3 up of the 5th wave.

Or it waits until the close on Monday to do it? Ideally we drift down into the close today to end the 4th wave down, then gap up on Monday for the wave 1 up of the 5th wave, and right shortly there after (like within the first 30 minutes of the day would be perfect) we drop for the wave 2 to retest the closing level that will be set in today... but stay slightly above it. That would make for a perfect setup to go long on the wave 3 up of the 5th wave. Will it happen? I doubt it, but it's about the only setup I'm interested in going long on (small long). Anyway, have a great weekend and be on the alert for a top next week and a nasty drop to follow afterwards.

Yesterday gave us a small bounce in the morning but it never held and dropped right afterwards to an early low that was followed by a retrace back up to just down a few points. Basically it was a failed up move attempt. I thought it would hold most of the day and possibly sell off in the close but it was too weak I guess. I glad I never took a long as I'd rather wait for a higher odds setup, which right now might end up being a short instead of a long.

I'm beginning to think that the entire move down from the high last week is just some A wave and that if we can get a B wave up today into the close then there's pretty good odds that a C wave down will start as early as tomorrow. It's possible that it gets delayed to Monday so I'll have to watch closely to see how the charts align up and then just guess in the end on whether the B up is complete or not.

This is the ideal setup where I'd be interested in a short but if the market fails to get going to the upside today and continues down then we are likely still in the A wave and any B up would be delayed or completely canceled. What I mean by "canceled" is that I'm only guessing on this wave 4 down subdividing into an ABC pattern and that we are only in the A part now. It's completely possible that the wave 4 down doesn't subdivide and it just ends up being one wave down (a choppy one that could have some tiny ABC's inside it but they are hard too count so I won't). If it ends up being one wave down I'm sure we'll be able to go back after the fact and find some subwaves inside it.

But for now I'm not focused on that as I only want to catch a high odds setup. If it's just one wave down then we should continue down some more today and possibly early Friday too. At that point it should be oversold enough to end the wave 4 and let the wave 5 up start. But a strong bounce here would likely lean more toward this wave 4 down subdividing into an ABC down, which I'd like to short the top of that strong bounce wave (the B up) if possible. It's tricky here so I really can't tell you which way the market is going today. I can just give you the possible outcomes and what I'll be looking for. If you want more updates you can always stop by the free chatroom where I'll post any shorts or longs I take if a high odds setup appears. Good luck.

Hope everyone enjoyed the 3 day weekend and worked twice as hard on Labor Day... after all it's supposed too be a day of hard labor right? Kinda reminds me of Life Insurance that doesn't pay anything while you're alive but instead pays out when you're dead. Shouldn't it be called Death Insurance? Just more backward thinking in an upside down world I guess... LOL.

Anyway, this morning we see some early weakness in the futures but nothing big. However the MACD's on the 6 hour chart look super bearish right now and could just fall off a cliff at anytime. On this 2 chart though the MACD's are trying to put in some positive divergence, so we might turn back up in the second half of the day. Since traders will be slow coming back to work this first day back there shouldn't be too much selling pressure at the open... meaning that if the bulls can hold the line the first few hours of the day odds favor them rallying into the close.

I don't expect some breakout high though but the could close today green if they just hold the morning session as time will be on their side. However, that 6 hour chart is quite weak so if the bulls fail to hold the line early today we could see a very nasty drop happen. I'd guess that line in the sand is around the 2885 area where there's that rising brownish orange trendline of support.

Preferably though the bulls should hold the low from Friday of 2891.75 but that might be too hard for them this morning as they have already tested that level exactly in the premarket and another test of it will likely fail to hold. So, for today I'm mixed on whether the bulls will hold on or the bears will drop it hard. I'm leaning toward the bulls because of the expected light volume on the the first trading day back after a long weekend. On the upside though I do not see another higher high as possible for today.

On the downside I previously pointed out support in the 2885 area but if that breaks we could quickly see the 2860-2870's. On the medium scale picture this week should be a critial one. If the bears put too much pressure on the bulls here and decide to drop the market then the bulls could regain enough strength to rally for several more weeks, and then I'd expect them to run for SPX 3000 or much more.

It might last several months if the bears drop it deep enough today. I'd say we'd need to see the 2820's to 2840's to restart the bulls for that kind of run up. I put those odds as low. However, a drop into the 2860-2870's could give the bulls at least two-three weeks of rallying, with SPX 3000 still very possible. In other words, the bears should not try to pounce on the bulls today but instead give them a few more points today and tomorrow to exhaust them to the point where they just rollover and die. Give them 30-40 more points on the upside and that should just about do it for the bulls.

In fact if we closed green today on all the indexes (especially the DOW as it's the lager here that hasn't hit a new all time high yet), and close green again tomorrow (with the SPY hitting the FP from 2/27 of this year) then the bears should bring out the bears and condiments along with firing up the grill as it will be party time for them and bull steaks is what they'll be grilling. It will be a very bearish September and October if the bulls continue to grind up today and tomorrow with two green closes and the FP hit.

But if they allow the bears to take it down today then the bulls will get a nice rest and therefore will be ready to stampede again and the bears will be under their feets when they do. If you are bull you want a deep pullback today. If you are a bear you want a small rally and another little strong rally tomorrow. If neither happens then the charts will remain mixed with no clear direction either way.

Well, we finally got the pullback for the wave 4 near the close yesterday. Today it's down a little more in the premarket as it looks for a bottom to end it. Next week I'm expecting a final rally up into the SPY FP area to complete the 5th wave up of many wave 5's. From there we should be heading down for a few months. This coming drop is likely to be a deep one. It's too early to say right now how much but it should end up being some Fibonacci level of the move up from the January 2016 low to the coming September 2018 high... yeah, it's that kind of drop. It might end up being called a crash before it's said and done.

Looking at some estimated levels the 38.2% retracement down would put the SPX around 2500, and that's a scary drop! Even the 23.6% level of 2660's is scary. Now again, it's too early to know as yet. For now we are just waiting and watching for this 5th wave up to end, which I think it will happen sometime next week. The current wave 4 down should end today or over the weekend. The 2880 area is support from a rising brownish orange trendline, but I don't think it will get that low today with such light volume expected.

Possibly we turn up small today and drop over the weekend and into next Tuesday morning to put in that low? Then a nice rally up into the mid-2900's to squeeze out all the bears and lure in the bulls looking for 3000. Today is a hard day to call as it could drift down all day or turn back up small and then drop into early next week so I'm not interested in trading it. I would be interested in the long for a few day trade as I know the upside target area. Anyway, let's keep this post short and just wish you all a happy labor day weekend.

Looks another light volume day is upon us and it should be even lighter on Friday. Today I don't expect much more action then yesterday. I'd be shocked if we put in a big down day as at best I don't see anything over 10 points down, and I'm really hoping for another strong up day where we reach that FP on the SPY from 2/27/2018... but I get the feeling that will be pushed out into next week. SkyNet is tracking all the put and call buyers and I'm sure it can keep this market going sideways for another week or so if needed to load up the boat on all call buyers and next to nothing on the put side. Only then will see a top and strong reversal back down.

Next week is the first week of September so the volatility should return. Markets are closed on Monday for Labor Day so tomorrow, (while a full day) we should see traders leave early for the extended weekend. Bottom line here... don't expect much action today or tomorrow. However, if we hit the upside FP today or tomorrow I will certainly be interested in a short, but I just don't expect it to happen before this week ends. Next week (of the week after?) would be more likely. Even when it hits and reverses back down there will be the usual "buy the dippers" come in... meaning we should see a series of wave 1's down and wave 2's up for 2-3 weeks I'd guess before the big drop happens. If this lines up like I think it could we should see another 1000 points drop on the DOW one day late in September.

They could change this plan of course but the charts are lining up now for a nice large drop to happen. A series of small downs (10-30 SPX points) and small up's sets up the large down move, but if the bulls want to avoid this then they will have to give up more ground and allow a few medium drops (like 50-100 SPX points) to happen so as to reset overbought charts and get them bearish enough for too many shorts to pile on and prevent any large drop from happening.

So if you are bear you want small (tiny is even better... like 5-15 points) drops and bounces to happen for several weeks so all the bears throw in the towel thinking it's never going down again as every dip gets bought. Only then can you release some negative news out by the propaganda "fake news" media machine and get a large drop started out of nowhere. Remember that every large drop is pretimed in advance and the bad news is created to get the blame afterwards.

Nothing in this market is random. For example the August 24th, 2015 flash crash was planned 5 years in advance and foretold by two movies. One was called "Inception (2010)" and the other was "Lucy (2014)", which both had passports showing that exact date foretelling the crash. It's been this way forever I can only assume. The 1929 crash was known and planned years in advance as well.

In fact Winston Churchill was so excited about it that he wanted to be there in person to watch the craziness happen on the floor of the trading exchange the day of the crash. Back then you couldn't take a plane to America from England so he boarded a ship, which took two weeks to get to America. He knew in advance the day of the crash and left England two weeks prior so he could witness it live as people lost their entire life savings. The sick old bastard enjoyed seeing people suffer I guess.

But that's common among all the elite pedophiles as screwing the sheep giving them all pleasure. Anyway, enough about that... you get the picture. For this coming large drop I don't have any passport codes unfortunately but I'll be very focused on the September 5th-12th time period as that's when the elites meet in Rome to launder their money threw the Vatican bank during the next Legatus Pilgrimage. They had a similar pilgrimage in October of 2008... coincidence I'm sure. Have a great day.

https://legatus.org/event/rome-pilgrimage/