Red

Hey Red. I am usually on xtrenders and we had a chat about Fake prints last month. Did we get a FP of SPX 600 today? I see it on sit forexpf.ru SPX chart.

Too funny… let’s hope he chokes on it before he gets the chance to run for President.

Range of SPY: http://niftychartsandpatterns.blogspot.com/2011/08/range-of-spy.html

http://sharkmarketanalysis.blogspot.com/2011/08/going-extra-inch.html

Google chart analysis: http://niftychartsandpatterns.blogspot.com/2011/08/google-testing-50-day-moving-average.html

Most Reptilian actress I have ever seen for sure.  And white South African, yikes, the worst of the worst.

Looks like nothing much is going to happen today, as the volume is pretty light right now.  While we could close negative for the day, it will just be re-setting the short term charts from their overbought conditions… which will allow another move higher later in the week.

While I thought that “this time might be different”, and we would actually see some more big selling days, it’s not looking likely right now.  Of course things could change tomorrow, but right now we are on track for a typical opx manipulation week.

A then B now C?  What count is that?

ES Hour chart: http://niftychartsandpatterns.blogspot.com/2011/08/s-500-futures-hour-chart-analysis_16.html

Silver support and resistance: http://niftychartsandpatterns.blogspot.com/2011/08/silver-support-and-resistance-levels.html