you are right.. this was to flush out the weak bulls.. and then a push higher so …these weak bulls cant make money…when this market goes up… makes perfect sense.
I think they we just flushing out the bulls. We should see a pop in the morning I believe. I don’t know if it will just roll back over and crash or be an “all up day”, but a rally is overdue now.
I think we are putting in a temporary low today. We should start the rebound rally tomorrow. It should carry over into early next week too I believe. Today’s late sell off should flush out all the bulls and have plenty of bears on board for a squeeze to happen.
This will be 4 days in a row down on the market. Odds are high for a rally tomorrow. How far up, or how long is unknown? It could only be a morning rally and then a sell off in the close? If that happens, then it could be another flash crash? I don’t expect it too happen, but it’s possible.
If we gap up tomorrow then the rally will be strong and odds are high that it will be an “all up day”. If we open flat and rally then it could rollover into the close. We are very oversold on the short term charts here, so a rally is overdue.
That neckline is SUPPORT until we close below it. All these traders going short on a break during market hours are just fuel until we hit the target range of the inverse head and shoulders (circa 1435 SPX). Remember Red, Bullish patterns work out, Bearish patterns fail… Nothing has changed,..YET.
you are right.. this was to flush out the weak bulls.. and then a push higher so …these weak bulls cant make money…when this market goes up… makes perfect sense.
I think they we just flushing out the bulls. We should see a pop in the morning I believe. I don’t know if it will just roll back over and crash or be an “all up day”, but a rally is overdue now.
what happen ? someone died or something ? market tanking ?
I think we are putting in a temporary low today. We should start the rebound rally tomorrow. It should carry over into early next week too I believe. Today’s late sell off should flush out all the bulls and have plenty of bears on board for a squeeze to happen.
This will be 4 days in a row down on the market. Odds are high for a rally tomorrow. How far up, or how long is unknown? It could only be a morning rally and then a sell off in the close? If that happens, then it could be another flash crash? I don’t expect it too happen, but it’s possible.
If we gap up tomorrow then the rally will be strong and odds are high that it will be an “all up day”. If we open flat and rally then it could rollover into the close. We are very oversold on the short term charts here, so a rally is overdue.
Here’s your proof that Bin Laden has been dead since 2001…
http://beforeitsnews.com/story/610/933/9_11_False_Flag_Unraveling:_Top_Level_Official_to_Testify_Before_Grand_Jury.html
Well, I think you are getting your bottoming tail today, IMO.
We may indeed go up to that 1400+ area, but we should have a 2nd leg down first. However, we might not get it until next week.
Yeah and with the initial claims over 400,000, they will raise the debt ceiling and initiate some sort of easing. That means market go upppy.
That neckline is SUPPORT until we close below it. All these traders going short on a break during market hours are just fuel until we hit the target range of the inverse head and shoulders (circa 1435 SPX). Remember Red, Bullish patterns work out, Bearish patterns fail… Nothing has changed,..YET.
LOL… I’m sure we’ll be hearing from him soon. That printing press isn’t stopping anytime soon.