I think SPY 130.89 FP will be a pullback (probably wave 4 target of this wave). So the market chop up to 1325-1330 and then pull back to 1308. Either that or today’s pullback target, but that doesn’t seem as likely.
I was expecting a pullback to EOM too, but I never thought the Dow would blast 600 points up before that. Looks like dollar strength is not doing a whole lot to push the market lower, but it sure has caused quite the reversal in several commodities, according to their plan, is my guess. Portugal is still saying they won’t take a bailout, but we all know they will. That is probably the only thing that may push the dollar higher.
gold tanking means silver tanking which means only one thing ~ the sucubus from hell ~ blythe masters ~ is having her a bear raid on the precious metals. jpm is so screwed on their silver shorts right now. ……
I think SPY 130.89 FP will be a pullback (probably wave 4 target of this wave). So the market chop up to 1325-1330 and then pull back to 1308. Either that or today’s pullback target, but that doesn’t seem as likely.
I was expecting a pullback to EOM too, but I never thought the Dow would blast 600 points up before that. Looks like dollar strength is not doing a whole lot to push the market lower, but it sure has caused quite the reversal in several commodities, according to their plan, is my guess. Portugal is still saying they won’t take a bailout, but we all know they will. That is probably the only thing that may push the dollar higher.
very pretty candle forming on the 4 hour
contained back in the 60 min wedgeee. couldnt stay above more than 3 bars. burn!
gold tanking means silver tanking which means only one thing ~ the sucubus from hell ~ blythe masters ~ is having her a bear raid on the precious metals. jpm is so screwed on their silver shorts right now. ……
daily moving averages still bearish, and its been 6 day run up. pull back now into next week could be expected.
Yes, I woke up from the same nightmare! LOL
ok so now what… we would have to retrace entire day to be back at the Resistance line right?
daily stoch is getting overbought territory, lets hope the bears start to leg in. and the fast charts. momentum is tiopping?
talking about the 130.89 SPY? still on my charts at 12:53