max pain is about 3% and move higher ever after. I don’t see a 10% correction at all this year just for the fact the FED is trigger happy to pump +100 billion in the market. I do think the correction is sometime late 2015-2016 where the dow will see 5000.
I believe we will bottom today and start our final rally into the first week of February to put in our final high before a 10-30% correction happens. Upside target is still 17,000 on the DOW (plus or minus a 100 points). The date it hits is important too as sometimes they can fool us sheep and go higher then we expect them too.
It is very, very important for anyone interesting in an extreme HOT pick that is coming out tomorrow a 9:30am you should email me tonight. I will not be listing this in the newsletter.
max pain is about 3% and move higher ever after. I don’t see a 10% correction at all this year just for the fact the FED is trigger happy to pump +100 billion in the market. I do think the correction is sometime late 2015-2016 where the dow will see 5000.
ES Chart update: http://niftychartsandpatterns.blogspot.in/2014/01/es-chart-update_24.html
Helluva Day.
an update on the Dragon Safety run to treasuries from 8 trading days ago.
it should hit the Fibonacci, but you just never know.
http://s14.postimg.org/nvbwkik8h/dragon_safety.png
-Gerb
It’s time to look at the 377 year cycle. (Maybe time for some PI action?) I’m calling a low for next Friday.
Notice the Australian dollar dropping to new multi-year lows lately. Risk Off time????
I believe we will bottom today and start our final rally into the first week of February to put in our final high before a 10-30% correction happens. Upside target is still 17,000 on the DOW (plus or minus a 100 points). The date it hits is important too as sometimes they can fool us sheep and go higher then we expect them too.
Blackberry charts: http://niftychartsandpatterns.blogspot.in/2014/01/blackberry-at-multiple-resistance-levels.html
SINA Corp chart analysis:http://niftychartsandpatterns.blogspot.in/2014/01/sina-corp-analysis-after-closing-bell.html
FORD Resistance levels: http://niftychartsandpatterns.blogspot.in/2014/01/ford-resistance-levels.html
Facebook chart analysis: http://niftychartsandpatterns.blogspot.in/2014/01/facebook-analysis-after-closing-bell_17.html
It is very, very important for anyone interesting in an extreme HOT pick that is coming out tomorrow a 9:30am you should email me tonight. I will not be listing this in the newsletter.