With their anti-short moves, it might be a few days to work its way thru the system is what I’m thinking. A lot of people want to pump this market a little higher into the 12’s next week to get a better sale price.
Edit: BTW, it has been a beautifully symmetrical computer generated market this last several days. Great entries and exits.
1084 spx is the feds bear market line—defended really well…those are the FACT, so far
———
a break under 1050 = new bear market, might as well be treated as a signal for spx 800—
800 not likely, therefore 1050 not likely, imo.
It’s OPX next week and their are too many retail shorts in the market. They need to take them out before the next plunge I believe.
With their anti-short moves, it might be a few days to work its way thru the system is what I’m thinking. A lot of people want to pump this market a little higher into the 12’s next week to get a better sale price.
Edit: BTW, it has been a beautifully symmetrical computer generated market this last several days. Great entries and exits.
I will have a new video update tonight. Should be about an hour or less.
SPX Analysis after closing bell: http://niftychartsandpatterns.blogspot.com/2011/08/s-500-analysis-after-closing-bell_12.html
Retard, needs help.
who needs to get a life? you left out important info, in your thought to typing ability. happens a lot on boards…vagueness.
1084 spx is the feds bear market line—defended really well…those are the FACT, so far
———
a break under 1050 = new bear market, might as well be treated as a signal for spx 800—
800 not likely, therefore 1050 not likely, imo.
The trend is your friend, with this late day rally. Waiting patiently to enter with the shorts.
SPY Chart: http://niftychartsandpatterns.blogspot.com/2011/08/spy-near-50-hour-moving-average.html
Now that’s funny coming from a Retard! LOL