Now that’s funny! Yes, the average person is clueless to what’s really going on in the world… and they will think you are crazy. I get that a lot… LOL.
Dee, it looks like we may have put in our B wave down and we are now starting the C wave up… which should continue through most of the day. I’m still looking for that 1300 area as heavy resistance, which should have the 60 minute chart peaked out and ready to roll over by then.
I just got a call from a guy pitching me on an oil deal. He gave me an oil stock that went up 500% the last time. He asked me if I was interested in the next one. I said, not as much as the first one, as I am looking to just have fun for the next year and see where the world goes.
Told him a little about what we think, what could happen etc.. He thought I was off my rocker. The average dude is pretty oblivious to all this chicken little stuff, I tell ya.
What patterns do you see emerging on the intraday charts??? Bearish wedge, ascending triangle, pennant or something out… looking at 5min and 15 minute charts….crap are we seeing a breakout now… dang
I don’t know, but the market didn’t like it…
Dang what just happened????
EURUSD Chart: http://niftychartsandpatterns.blogspot.com/2011/03/ascending-triangle-of-eurusd.html
Now that’s funny! Yes, the average person is clueless to what’s really going on in the world… and they will think you are crazy. I get that a lot… LOL.
Dee, it looks like we may have put in our B wave down and we are now starting the C wave up… which should continue through most of the day. I’m still looking for that 1300 area as heavy resistance, which should have the 60 minute chart peaked out and ready to roll over by then.
I just got a call from a guy pitching me on an oil deal. He gave me an oil stock that went up 500% the last time. He asked me if I was interested in the next one. I said, not as much as the first one, as I am looking to just have fun for the next year and see where the world goes.
Told him a little about what we think, what could happen etc.. He thought I was off my rocker. The average dude is pretty oblivious to all this chicken little stuff, I tell ya.
What patterns do you see emerging on the intraday charts??? Bearish wedge, ascending triangle, pennant or something out… looking at 5min and 15 minute charts….crap are we seeing a breakout now… dang
ES Chart: http://niftychartsandpatterns.blogspot.com/2011/03/es-hour-chart-analysis_16.html
There was an intraday print yesterday at 1:00pm for 127.22 spy, which could be the target for the suspected B wave down.
Good Morning everyone. Should be an interesting day today. We’ll see how high they can push this puppy before it rolls back over.