Yes it does seem further and further away now. It simple means too me that we are till on target for hitting the upside FP, as it appears we are not going to have any “event” at this time period.
I’m sure they’ll try again, but this time looks like the good guys may have stopped them? I do believe that missile was the “event” and it was stopped from reaching it’s target… hence we have NO event now.
Of course that’s bad news for us Bears, but good news for anyone who would have lost their lives should that missile hit it’s target.
honestly when i saw the time table release my heart kindda sank cause it basically means they are gonna float the market all the way till Dec and by doing so at that time the retail sector will no doubt be in the green and give the market enough momentum to rally again.Unless something major shifts and the majority of the retail traders jump on board the bears train its a real uphill battle to try and even make a dent on this market right now.The bulls have only allow the bears to either bring it down to the res point in the channel which anoopsan is so kind to post and after that its nothing but bounce bounce bounce from there.Next week we have the GM IPO and the opx meeting so moving down from here seems further and further away now.
We may indeed get up to the DIA FP before she rolls over for good? As long as we don’t have any “false flags” that succeed, anything is possible in this market.
Should be up, as all the short term charts are now pointing up together, from oversold conditions all day today. But the daily is pointing down, and more powerful then the shorter term charts.
That suggests a flat day as the charts again fight each other. The daily will push down, and the 60, 30 and 15 will push up. It’ possible that once they all become over bought that selling could happen into the close.
However, most Friday’s are positive for the market and may again be manipulated up. I don’t see it going up too far though, even if they push it up with more monopoly money.
and time as well the one hour shift has thrown me off abit with 2 hours left on the market it is very possible to close off today with a doji and maybe in perpetration for tomorrow even push up higher.
Could be? The short term charts were all mixed, and could have open down or up. Since Cisco dropped yesterday, the opened down. If Cisco would have went up in afterhours yesterday, then we could have just as easily opened up this morning.
Now that the 30 and 15 minute charts have worked off their overbought condition by becoming oversold, they can now move back up in sync with the 60 minute chart.
The daily is still putting downward pressure on the market, so the upside move should be limited. Overall, just a bunch of choppy waters.
Honestly its like trying to pin the tail on the donkey.Someone has to take the blame i could call out quantas on their engine problems but when 25 out of 30 companies on the DJ is in the red who is really to blame.Honestly this to me is how the market should react if there wasnt any monopoly money coming in but is it gonna stop anytime soon doesnt look like it.
Yes it does seem further and further away now. It simple means too me that we are till on target for hitting the upside FP, as it appears we are not going to have any “event” at this time period.
I’m sure they’ll try again, but this time looks like the good guys may have stopped them? I do believe that missile was the “event” and it was stopped from reaching it’s target… hence we have NO event now.
Of course that’s bad news for us Bears, but good news for anyone who would have lost their lives should that missile hit it’s target.
honestly when i saw the time table release my heart kindda sank cause it basically means they are gonna float the market all the way till Dec and by doing so at that time the retail sector will no doubt be in the green and give the market enough momentum to rally again.Unless something major shifts and the majority of the retail traders jump on board the bears train its a real uphill battle to try and even make a dent on this market right now.The bulls have only allow the bears to either bring it down to the res point in the channel which anoopsan is so kind to post and after that its nothing but bounce bounce bounce from there.Next week we have the GM IPO and the opx meeting so moving down from here seems further and further away now.
We may indeed get up to the DIA FP before she rolls over for good? As long as we don’t have any “false flags” that succeed, anything is possible in this market.
Should be up, as all the short term charts are now pointing up together, from oversold conditions all day today. But the daily is pointing down, and more powerful then the shorter term charts.
That suggests a flat day as the charts again fight each other. The daily will push down, and the 60, 30 and 15 will push up. It’ possible that once they all become over bought that selling could happen into the close.
However, most Friday’s are positive for the market and may again be manipulated up. I don’t see it going up too far though, even if they push it up with more monopoly money.
and time as well the one hour shift has thrown me off abit with 2 hours left on the market it is very possible to close off today with a doji and maybe in perpetration for tomorrow even push up higher.
The market hasn’t even touched its 20dma in months. Would not be surprised to see green at the close. Plenty of steam left in this bull…………
Red for tomorrow you wanna call it now or wait till closing
Could be? The short term charts were all mixed, and could have open down or up. Since Cisco dropped yesterday, the opened down. If Cisco would have went up in afterhours yesterday, then we could have just as easily opened up this morning.
Now that the 30 and 15 minute charts have worked off their overbought condition by becoming oversold, they can now move back up in sync with the 60 minute chart.
The daily is still putting downward pressure on the market, so the upside move should be limited. Overall, just a bunch of choppy waters.
Honestly its like trying to pin the tail on the donkey.Someone has to take the blame i could call out quantas on their engine problems but when 25 out of 30 companies on the DJ is in the red who is really to blame.Honestly this to me is how the market should react if there wasnt any monopoly money coming in but is it gonna stop anytime soon doesnt look like it.
do you think todays down day had to do with Cisco dropping 16% ?