I don’t think any numbers or rituals are of importance enough for tomorrow to have a big sell off Geccko, as I believe we are still going up to at least the 1310-1320 area before the big move down. So, next week could be the really important one, as I expect that area to be hit by then.
Tomorrow is Social Network Day. A day they have been advertising heavily. 6-24===2-4,2004 or 6,24. Since a certain little indicator isn’t in the crash zone, it probably won’t be a CRASH day but it can be a beauty if they crash it through the 200 day average.
It’s amazing that I haven’t seen anyone consider today’s action as 1 and 2 waves of the unfolding big wave down especially on the usually mega-bearish E-wave board.
Nasdaq held up better because 1) had already pierced its 200 day average and 2) it never reached its 20 day average as the other indices did. It is now above its 200 day average and now it can crash through it in unison with the Dow,SP and Russell 2000.
Crude oil did have a big drop today making a new low for the move. Gold was down big for the first time since probably early May and made a mega bearish TD flip along with silver.
There is more numerology for tomorrow but I will get into that later. Today is also 580 trading days from the 3-6-9 low and 37 tds off the May 2 high. Tomorrow is 53 calendar days off the 5-2 high. Obviously today was 52 days off the 5-2 high. 53, the power number. 5×3===15 and we’re 235 years from the birth of an event/organization important to the insiders (on 5-1, 235 years ago)
np http://screencast.com/t/aOX7h2s3psy
Thanks…
http://screencast.com/t/UtkJqz9f
Hmmm… I don’t see it on my screen? Thanks for the update, and do you have a screen shot?
SPY Print 2:11 128.27
Support level for Crude oil: http://niftychartsandpatterns.blogspot.com/2011/06/support-level-for-crude-oil.html
The market is really hard too predict right now, as both the down and up moves are very large. I’m not sure which way it’s going to break next week?
Daggone.. DOW weekly RSI is forming the bottoming “Fat Woman on a Moped” pattern. Need to close positive this week…
I don’t think any numbers or rituals are of importance enough for tomorrow to have a big sell off Geccko, as I believe we are still going up to at least the 1310-1320 area before the big move down. So, next week could be the really important one, as I expect that area to be hit by then.
Tomorrow is Social Network Day. A day they have been advertising heavily. 6-24===2-4,2004 or 6,24. Since a certain little indicator isn’t in the crash zone, it probably won’t be a CRASH day but it can be a beauty if they crash it through the 200 day average.
It’s amazing that I haven’t seen anyone consider today’s action as 1 and 2 waves of the unfolding big wave down especially on the usually mega-bearish E-wave board.
Nasdaq held up better because 1) had already pierced its 200 day average and 2) it never reached its 20 day average as the other indices did. It is now above its 200 day average and now it can crash through it in unison with the Dow,SP and Russell 2000.
Crude oil did have a big drop today making a new low for the move. Gold was down big for the first time since probably early May and made a mega bearish TD flip along with silver.
There is more numerology for tomorrow but I will get into that later. Today is also 580 trading days from the 3-6-9 low and 37 tds off the May 2 high. Tomorrow is 53 calendar days off the 5-2 high. Obviously today was 52 days off the 5-2 high. 53, the power number. 5×3===15 and we’re 235 years from the birth of an event/organization important to the insiders (on 5-1, 235 years ago)