Red, this market is like watching paint dry! So we wait just like the Hot Option Babe posting, the patient bear! Lol
Check this out, “The calm before the “Solar” storm”? I know some bloggers people were laughing at Art Crawford’s Cardinal Climax yesterday, and since economic news cannot crash this market how about this for tomorrows Headlines? WALL STREET computers catastrophically crash due to Solar Storm! Please be advised your regular CNBS pumping 12k Monkeys will return to their broadcast as soon as technical difficulties are resolved. Stay tuned for Wall Street, staring Michael Douglas. This may be our only hope for a crash! Lol Anyways, watch the skys tonight: http://spaceweather.com/ AURORA WATCH: High-latitude sky watchers should be alert for auroras tonight. One and possibly two coronal mass ejections (CMEs) are heading toward Earth, propelled by the solar eruptions of August 1st (see below). NOAA forecasters estimate a 10% chance of major geomagnetic storms and a 45% chance of at least some geomagnetic activity when the clouds arrive on August 3rd and 4th. COMPLEX ERUPTION ON THE SUN: On August 1st, the entire Earth-facing side of the sun erupted in a tumult of activity. There was a C3-class solar flare, a solar tsunami, multiple filaments of magnetism lifting off the stellar surface, large-scale shaking of the solar corona, radio bursts, a coronal mass ejection and more. Click on the image to view just a fraction of the action:
The movie recorded by extreme UV cameras onboard the Solar Dynamics Observatory shows an enormous magnetic filament breaking away from the sun. Some of the breakaway material is now en route to Earth in the form of a coronal mass ejection (CME). Seeing the sun erupt on such a global scale has galvanized the international community of solar physicists. Researchers are still sorting out the complex sequence of events and trying to understand why they all happened at once. Stay tuned for more movies and analyses in the days ahead.
It also looks like a bull flag… especially on the 60 minute chart. I expect a pop higher into the close, (or tomorrow morning), to fulfill the flag pattern. Maybe that 1131 spx that everyone is looking for?
On what time frame? The 60 minute chart looks like a cup and handle, but it all looks like it's already played out. But, there is still a bull flag in play, which could ramp up the market at the close as usual.
I'm sure there is, but I don't know what it is? Sorry… I never trade the dollar. The UUP is only a one time etf, and that's the only one I ever follow besides the dollar of course.
Too much bullishness. Me thinks we will go down the rest of the day.
Red, this market is like watching paint dry! So we wait just like the Hot Option Babe posting, the patient bear! Lol
Check this out, “The calm before the “Solar” storm”? I know some bloggers people were laughing at Art Crawford’s Cardinal Climax yesterday, and since economic news cannot crash this market how about this for tomorrows Headlines? WALL STREET computers catastrophically crash due to Solar Storm! Please be advised your regular CNBS pumping 12k Monkeys will return to their broadcast as soon as technical difficulties are resolved. Stay tuned for Wall Street, staring Michael Douglas. This may be our only hope for a crash! Lol
Anyways, watch the skys tonight:
http://spaceweather.com/
AURORA WATCH: High-latitude sky watchers should be alert for auroras tonight. One and possibly two coronal mass ejections (CMEs) are heading toward Earth, propelled by the solar eruptions of August 1st (see below). NOAA forecasters estimate a 10% chance of major geomagnetic storms and a 45% chance of at least some geomagnetic activity when the clouds arrive on August 3rd and 4th.
COMPLEX ERUPTION ON THE SUN: On August 1st, the entire Earth-facing side of the sun erupted in a tumult of activity. There was a C3-class solar flare, a solar tsunami, multiple filaments of magnetism lifting off the stellar surface, large-scale shaking of the solar corona, radio bursts, a coronal mass ejection and more. Click on the image to view just a fraction of the action:
The movie recorded by extreme UV cameras onboard the Solar Dynamics Observatory shows an enormous magnetic filament breaking away from the sun. Some of the breakaway material is now en route to Earth in the form of a coronal mass ejection (CME).
Seeing the sun erupt on such a global scale has galvanized the international community of solar physicists. Researchers are still sorting out the complex sequence of events and trying to understand why they all happened at once. Stay tuned for more movies and analyses in the days ahead.
Best regards, pzy5t0
A continuation of the hourly trend is very much possible
It also looks like a bull flag… especially on the 60 minute chart. I expect a pop higher into the close, (or tomorrow morning), to fulfill the flag pattern. Maybe that 1131 spx that everyone is looking for?
Broadening pattern of Dow Jones
http://niftychartsandpatterns.blogspot.com/2010…
1-5 minute… looks like it failed and broke downward instead. =whew=
Now just going sideways…
On what time frame? The 60 minute chart looks like a cup and handle, but it all looks like it's already played out. But, there is still a bull flag in play, which could ramp up the market at the close as usual.
That's a nice cup and handle… 🙁
Someone will not let the ES break 1118.75. Been trying for last 15 minutes.
I'm sure there is, but I don't know what it is? Sorry… I never trade the dollar. The UUP is only a one time etf, and that's the only one I ever follow besides the dollar of course.