Tomorrow is WOLF day so it could be a high just as it was back in 2010. But I am looking for a decline to start one trading day before the full moon just as it did back once upon a time back way back when…
Despite all the euphoria, $rut was actually down today. A component of a certain little indicator did bounce up to its 0 line today but its Nasdaq counterpart actually dropped today below the O line. And 3 month t-bills are stealthily creeping up to government shutdown peak levels. Fedspeak is out of the way so the decline can start to get going. Tomorrow would be the 1 year anniversary of the market low. And then we get the triple ninen astro event.
Noticed we had a multiyear low on put to call premium ratios back in late October so this generally precedes a good top.
Needless to say that call is wrong now. I thought we might drop back 10 points or so but it looks like they are dead set up going up to 1800 or thereabouts.
A certain little indicator keeps heading south as its component remains negative despite the new high in the SP. The Nasdaq component did bounce to its 0 line. Basically its in the same location it was at in late July 2011 just slightly after a lower high was put in by the SP but new high in the Nasdaq and Dax. Like back then, the Rut was making a considerably lower high.
The Astro activity starts to heat up now as we head to the main event on the original Twitter IPO date when we get a triple ninen event. Yellen speaks tomorrow so maybe they keep things propped up but a similar like top like today occurred a quarter century plus one year ago and saw a drop the next day. Like then, new high with lower MACD historogram bars (divergence) and like 2000 top with lower RSI.
Tomorrow is WOLF day so it could be a high just as it was back in 2010. But I am looking for a decline to start one trading day before the full moon just as it did back once upon a time back way back when…
Despite all the euphoria, $rut was actually down today. A component of a certain little indicator did bounce up to its 0 line today but its Nasdaq counterpart actually dropped today below the O line. And 3 month t-bills are stealthily creeping up to government shutdown peak levels. Fedspeak is out of the way so the decline can start to get going. Tomorrow would be the 1 year anniversary of the market low. And then we get the triple ninen astro event.
Noticed we had a multiyear low on put to call premium ratios back in late October so this generally precedes a good top.
are you by chance a wizard?
Needless to say that call is wrong now. I thought we might drop back 10 points or so but it looks like they are dead set up going up to 1800 or thereabouts.
For a day only (possibly more?) the odds are very high that the top is in now and one can short until the rest of the day.
SINA Chart update: http://niftychartsandpatterns.blogspot.in/2013/11/sina-chart-analysis.html
A certain little indicator keeps heading south as its component remains negative despite the new high in the SP. The Nasdaq component did bounce to its 0 line. Basically its in the same location it was at in late July 2011 just slightly after a lower high was put in by the SP but new high in the Nasdaq and Dax. Like back then, the Rut was making a considerably lower high.
The Astro activity starts to heat up now as we head to the main event on the original Twitter IPO date when we get a triple ninen event. Yellen speaks tomorrow so maybe they keep things propped up but a similar like top like today occurred a quarter century plus one year ago and saw a drop the next day. Like then, new high with lower MACD historogram bars (divergence) and like 2000 top with lower RSI.
“next week” is not over yet.
yeah.. good call!
Crude oil weekly support levels: http://niftychartsandpatterns.blogspot.in/2013/11/crude-oil-near-weekly-support-levels.html