Histogram towers a shifting up STO is on up tick,, macd has not crossed 0 line and looks like on up move, still above 50 sma, adx lines moving together.
Futures are non committal and today's new is bouncing off.
Histogram towers a shifting up STO is on up tick,, macd has not crossed 0 line and looks like on up move, still above 50 sma, adx lines moving together.
Futures are non committal and today's new is bouncing off.
It would really surprise me if they manage to get it up to 111.17 today or tomorrow. Those claims numbers were really bad. But, never underestimate those that control the market.
when nifty start correct sharply at final hour of the trade u take it as definite clue…………………….that dow will correct also on that day. offcourse there r only fii's who buy aggresively in our market last whole month to take it 52 week high before huge correction…………
i have been noticed the above nifty-dow connection from last 2 years may be it is correct well i hope so
All the stock averages except leaders Dow,SP, and Nyse went up and tagged their declining 10 day averages today. Bollinger bands are tightening for the stock indices and VIX and their width are now approaching the April early May high levels. There is an April topping fractal in all of the indices where we would be in the April 29,30 May 3 area and the last two days are also sporting the reverse fractal of the July 1 low. The Euro is currently receiving a pummelling and if that continues tomorrow it will be off to the races to the downside. (with a Vix shooting above its 50 day average) Big boy leader CVX (Chevron) was down today. We'll see if the expected POMO induced ramp job materializes but I saw POMO warnings for tomorrow all over the blogs today.
666 calendar days from October 10 2008 financial crisis low+13 is August 20. I also could see some major action occurring in September. Around Sept 19-20 which is Legatus time. McClellan Summation Index is so high now, it will take several weeks just for it to get to the area where markets bottom. June18 was a closing high so 60degrees later could be today.
September the 4th is just a few days in front of the Legatus Pilgrimage, which would then mean that they would introduce some more stimulus into the market, causing a rebound to occur.
Sorry for the dbl post. i kept getting “just a moment” after hitting the post button
I think they push to 1120 in the next week or so.
Histogram towers a shifting up STO is on up tick,, macd has not crossed 0 line and looks like on up move, still above 50 sma, adx lines moving together.
Futures are non committal and today's new is bouncing off.
And now here we go.
I think they push to 1120 in the next week or so.
Histogram towers a shifting up STO is on up tick,, macd has not crossed 0 line and looks like on up move, still above 50 sma, adx lines moving together.
Futures are non committal and today's new is bouncing off.
And now here we go.
It would really surprise me if they manage to get it up to 111.17 today or tomorrow. Those claims numbers were really bad. But, never underestimate those that control the market.
Dow Jones Futures before opening bell
http://niftychartsandpatterns.blogspot.com/2010…
The jobs data was bad as expected… 500,000 now, up by 12,000. So, let's see if they still manage to rally up to 111.17 after that.
when nifty start correct sharply at final hour of the trade u take it as definite clue…………………….that dow will correct also on that day.
offcourse there r only fii's who buy aggresively in our market last whole month to take it 52 week high before huge correction…………
i have been noticed the above nifty-dow connection from last 2 years may be it is correct well i hope so
All the stock averages except leaders Dow,SP, and Nyse went up and tagged their declining 10 day averages today. Bollinger bands are tightening for the stock indices and VIX and their width are now approaching the April early May high levels. There is an April topping fractal in all of the indices where we would be in the April 29,30 May 3 area and the last two days are also sporting the reverse fractal of the July 1 low.
The Euro is currently receiving a pummelling and if that continues tomorrow it will be off to the races to the downside. (with a Vix shooting above its 50 day average) Big boy leader CVX (Chevron) was down today. We'll see if the expected POMO induced ramp job materializes but I saw POMO warnings for tomorrow all over the blogs today.
666 calendar days from October 10 2008 financial crisis low+13 is August 20. I also could see some major action occurring in September. Around Sept 19-20 which is Legatus time. McClellan Summation Index is so high now, it will take several weeks just for it to get to the area where markets bottom. June18 was a closing high so 60degrees later could be today.
September the 4th is just a few days in front of the Legatus Pilgrimage, which would then mean that they would introduce some more stimulus into the market, causing a rebound to occur.