I think a lot of bears and bulls are forgeting, or ignoring the Non-Farm payroll report tomorrow. They are assuming it is good, and won’t affect the market.
Wouldn’t it surprise everyone if it came out horrible? A lot of new bulls would get crushed right here.
While I still think we could go up to the FP of 111.17 spy next week, we should still have a “B” wave down in this presumably ABC (wave 2) up…
I think you will get your downside break of the channel on Fridays’ Non-Farm Payroll report San. I think we’ll go to the FP of 105.39 spy as some more panic sets in.
I think we are going to get toasted tomorrow. the numbers will be better than expected. probably manipulated as usual.
The housing number today surprised me along w/ mfg yesterday.
Who is buying??
I think a lot of bears and bulls are forgeting, or ignoring the Non-Farm payroll report tomorrow. They are assuming it is good, and won’t affect the market.
Wouldn’t it surprise everyone if it came out horrible? A lot of new bulls would get crushed right here.
While I still think we could go up to the FP of 111.17 spy next week, we should still have a “B” wave down in this presumably ABC (wave 2) up…
I think IYR can go 2% to 4% higher from here, ( or not) I’m taking small short positions, BXP,EQR
S&P 500 daily chart update
They don’t call it a “bear squeeze” just for fun… they really mean it!
Unrelenting.
Bad News and negative divergence can make the bears happy. But if the news is good negative divergence will vanish.
I think you will get your downside break of the channel on Fridays’ Non-Farm Payroll report San. I think we’ll go to the FP of 105.39 spy as some more panic sets in.
Dow Jones Futures before opening bell
TLT and the Japanese Yen (at least FXY) are tracking each other almost identically. Yen was crushing the dollar leading up to 1987 crash.