This move up should fool a lot of people into thinking that we will make news highs and that the selling is over. But, the charts say (or will say by tomorrow morning) that tomorrow’s “possible” gap up will be an “exhaustion” gap, and that the move back down to follow will be a wave 3… not a dip before going back up higher. Lot’s of bears will jump ship tomorrow morning and bulls will pile on when the first dip happens… only to see it continue going lower all day long. Tomorrow should be a very ugly RED Day.
I should have a new video update finished and uploaded to youtube before 11pm est… it’s a MUST WATCH!
like to strangle the idiot!
Here’s your afternoon quick update…
http://screencast.com/t/gfRfFVNyGjP
Nice eur/usd bear div just put in…
RAMP that euro Madman Ben!
RAMP that euro Madman Ben!
Apple Triangle: http://niftychartsandpatterns.blogspot.com/2011/11/apple-triangle-pattern.html
Apple Triangle: http://niftychartsandpatterns.blogspot.com/2011/11/apple-triangle-pattern.html
thanks Red
This move up should fool a lot of people into thinking that we will make news highs and that the selling is over. But, the charts say (or will say by tomorrow morning) that tomorrow’s “possible” gap up will be an “exhaustion” gap, and that the move back down to follow will be a wave 3… not a dip before going back up higher. Lot’s of bears will jump ship tomorrow morning and bulls will pile on when the first dip happens… only to see it continue going lower all day long. Tomorrow should be a very ugly RED Day.