Oh… sorry about that gang. I clicked on the “update post” button but it got stuck I guess? I've been away from the computer for the last hour or so. It's up now.
Refresh the page for a new video update gang. Not much to say, just my thoughts. The charts don't tell me much right now, as we could go either way at this point.
Boring. Boring day. Glad I didn't follow the market too closely today. Just one thing. Tomorrow is a do or die day. All the averages can do an easy bull flip tomorrow (a close above the close 4 closes earlier). Either the market does a bull flip or accelerates lower. It's just the boring compression action is reminding me of the July low which is probably what the big boys want everyone to feel/think. With all the moverages turning down and starting to cross each other, I still like the bearish scenario.
Not too bad of a day. Would have liked a bigger rally. Bought some TNA in pre-market and sold near the high. I believe we rally tomorrow. Why? It's OPEX week. Good luck and like you said, better days ahead for the bears.
scenario 1
AT&T Inc in a triangle
http://niftychartsandpatterns.blogspot.com/2010…
Dow Jones Futures Hourly chart
http://niftychartsandpatterns.blogspot.com/2010…
Oh… sorry about that gang. I clicked on the “update post” button but it got stuck I guess? I've been away from the computer for the last hour or so. It's up now.
You should see a second video added to the weekend post. I didn't do a new post, but instead only added an update to the current post.
Hi Red: I refreshed the page nothing yet – it is one hour after your last post of “Refresh the page for a new video update gang.”
Refresh the page for a new video update gang. Not much to say, just my thoughts. The charts don't tell me much right now, as we could go either way at this point.
Boring. Boring day. Glad I didn't follow the market too closely today. Just one thing. Tomorrow is a do or die day. All the averages can do an easy bull flip tomorrow (a close above the close 4 closes earlier). Either the market does a bull flip or accelerates lower. It's just the boring compression action is reminding me of the July low which is probably what the big boys want everyone to feel/think. With all the moverages turning down and starting to cross each other, I still like the bearish scenario.
Not too bad of a day. Would have liked a bigger rally. Bought some TNA in pre-market and sold near the high. I believe we rally tomorrow. Why? It's OPEX week. Good luck and like you said, better days ahead for the bears.
Absolutely a NOTHING day… could have done other more enjoyable things then stare at the tape all day. No clues left for tomorrow either? Hmmm?