Be a member of Illuminati today and earn $500,000.00USD in every two weeks to become rich and famous, this is just a brief summary to apply now and join thousands of satisfied citizens contact us at : illuminatiworldwide@live.com
JOIN THE NEW WORLD OF ILLUMINATI TODAY: Are you a politician, student, business man, or woman,if you desire WEALTH, POWER, INFLUENCE,want TO be A STAR, and to be an influential celebrity and you want your dreams to come through,you have the chance to do that.join the great illuminati today to get $15000 every 3 days and $200000 membership blessing for doing and joining what you love to do best.Contact: illuminatiworldmembership@hotmail.com,and be rich forever.
I’d exit all shorts today as we’ve probably seen the bottom (within a few points). I think we’ll rally up the rest of the day and into next week. This move down looks like the final 5th wave I was expecting. And since it’s at major support I don’t think it’s going to break and head on down to the 1935-1940 SPX area. That will come at a later date I’m sure…
Any drop tomorrow will most likely put in the bottom for now and we should then rally into late next week. The move down should be a wave 5 with today’s move up being a wave 4. I doubt if it breaks the low on Tuesday but if it does it should be brief and only to lure in some bears to squeeze and to get all the bulls out that went long.
I’m thinking it will just be a double bottom as this wave 4 up was a 50% retracement and that seems a little too strong to allow a move down to the 1935-1940 SPX area as previously thought. I could see about 5 points below Tuesday’s low to around 1955 as being possible, but nothing below that.
The move down to 1935-1940 and then to 1920 area isn’t likely to happen this week. It will have to wait until we rally all of next week and then start dropping again the week after that. I don’t know if we are going to make a new high week or a lower high? That 2000 SPX is still like a magnet for the market but time is running out for the bulls and it might not happen?
For now let’s just look for a down move tomorrow to get long at for next weeks’ rally up. The move down could also put in a higher low then Tuesday’s low and I’d then call the move down from the high into the bottom Tuesday as an ABC 3 wave pattern.
Which then makes the move up from that low into today’s Wednesday high a likely wave 1 up. That means a higher low tomorrow should be a wave 2 down and then you’d see the wave 3 up (and 4 down and 5 up) happen into next week.
That kind of pattern would imply a new high is likely whereas a 5 wave move down from the high to tomorrow’s possible low would imply we’ll put in a lower high next week. Hard to say right now but I’ll just say that any move down tomorrow is likely the low before a rally Friday and most of next week.
ILLUMINATI
Join the Illuminati cult online today and get instant sum of 1million
dollars with a free home anywhere you choose to live in the world and also
get 2000 dollars monthly as a salary…
If you are interested contact: joinilluminati01@gmail.com or call +447024058880 .
ILLUMINATI
Join the Illuminati cult online today and get instant sum of 1million
dollars with a free home anywhere you choose to live in the world and also
get 2000 dollars monthly as a salary…
If you are interested contact: joinilluminati01@gmail.com or call +447024058880
Be a member of Illuminati today and earn $500,000.00USD in every two weeks to become rich and famous, this is just a brief summary to apply now and join thousands of satisfied citizens contact us at : illuminatiworldwide@live.com
JOIN THE NEW WORLD OF ILLUMINATI TODAY: Are you a politician, student, business man, or woman,if you desire WEALTH, POWER, INFLUENCE,want TO be A STAR, and to be an influential celebrity and you want your dreams to come through,you have the chance to do that.join the great illuminati today to get $15000 every 3 days and $200000 membership blessing for doing and joining what you love to do best.Contact: illuminatiworldmembership@hotmail.com,and be rich forever.
I’d exit all shorts today as we’ve probably seen the bottom (within a few points). I think we’ll rally up the rest of the day and into next week. This move down looks like the final 5th wave I was expecting. And since it’s at major support I don’t think it’s going to break and head on down to the 1935-1940 SPX area. That will come at a later date I’m sure…
Ok…. that’s weird as hell. Thank’s for the link. I plan on doing a new post about all of this over the weekend so I’ll add this to the mix.
did you see this post on Illuminati 777 this week? http://chartistfriend.blogspot.com/2014/07/christine-lagarde-and-opening-gates-of.html#more
Any drop tomorrow will most likely put in the bottom for now and we should then rally into late next week. The move down should be a wave 5 with today’s move up being a wave 4. I doubt if it breaks the low on Tuesday but if it does it should be brief and only to lure in some bears to squeeze and to get all the bulls out that went long.
I’m thinking it will just be a double bottom as this wave 4 up was a 50% retracement and that seems a little too strong to allow a move down to the 1935-1940 SPX area as previously thought. I could see about 5 points below Tuesday’s low to around 1955 as being possible, but nothing below that.
The move down to 1935-1940 and then to 1920 area isn’t likely to happen this week. It will have to wait until we rally all of next week and then start dropping again the week after that. I don’t know if we are going to make a new high week or a lower high? That 2000 SPX is still like a magnet for the market but time is running out for the bulls and it might not happen?
For now let’s just look for a down move tomorrow to get long at for next weeks’ rally up. The move down could also put in a higher low then Tuesday’s low and I’d then call the move down from the high into the bottom Tuesday as an ABC 3 wave pattern.
Which then makes the move up from that low into today’s Wednesday high a likely wave 1 up. That means a higher low tomorrow should be a wave 2 down and then you’d see the wave 3 up (and 4 down and 5 up) happen into next week.
That kind of pattern would imply a new high is likely whereas a 5 wave move down from the high to tomorrow’s possible low would imply we’ll put in a lower high next week. Hard to say right now but I’ll just say that any move down tomorrow is likely the low before a rally Friday and most of next week.
CRUDE Oil chart analysis: http://niftychartsandpatterns.blogspot.in/2014/07/crude-oil-support-levels.html
ILLUMINATI
Join the Illuminati cult online today and get instant sum of 1million
dollars with a free home anywhere you choose to live in the world and also
get 2000 dollars monthly as a salary…
If you are interested contact: joinilluminati01@gmail.com or call +447024058880 .
ILLUMINATI
Join the Illuminati cult online today and get instant sum of 1million
dollars with a free home anywhere you choose to live in the world and also
get 2000 dollars monthly as a salary…
If you are interested contact: joinilluminati01@gmail.com or call +447024058880
Interesting, Deutsche Bank drops to a new 52 week low today while Greece is down 3+%.