Monday 10/21 Steve Cosmic the psychic says the market will crash. I believe this is an 11 day. Also, it would be the Monday that coincides with Monday, 10/19/1987 Black Monday. Also Legatus ends 10/17. 10/17 is also the day Lew states the debt ceiling will be met. Makes sense to me…………….
Just to let everyone know… I’m still around but working on projects. I should have a new HOT pick in junior stocks this week. Been working on this deal and several others for quite awhile now. Just look for the update in the newsletter that I’ll be sending out in a few days. This stock should be an easy doubler.
As for the overall market. We are likely going to continue up until the end of the month to complete this 5th wave and a larger Primary wave 3 up. This leads us to a Primary wave 4 down and that’s a wave that could drop 200 points or more and still be a valid wave 4 down. But for now let’s look for at least 1750 on the SPX by the end of this month. I’ll have a new update when it’s time for the bears to awaken.
For now, I believe the move down has been delayed. I’m not sure yet on how high they plan to go up, which will give me clues to the downside. It’s a bull market at the moment, especially since Bernanke did not cut back on the QE at Wednesday’s FOMC meeting.
QQQ Rising wedge update: http://niftychartsandpatterns.blogspot.in/2013/09/qqq-rising-wedge-update.html
JP Morgan Chart update: http://niftychartsandpatterns.blogspot.in/2013/09/jp-morgan-chase-chart-analysis.html
Check email for newsletter update…. it’s titled “yes, I’m still alive” (LOL)
Monday 10/21 Steve Cosmic the psychic says the market will crash. I believe this is an 11 day. Also, it would be the Monday that coincides with Monday, 10/19/1987 Black Monday. Also Legatus ends 10/17. 10/17 is also the day Lew states the debt ceiling will be met. Makes sense to me…………….
ES Hour chart analysis: http://niftychartsandpatterns.blogspot.in/2013/09/s-500-futures-hour-chart-analysis.html
Crude Oil chart update: http://niftychartsandpatterns.blogspot.in/2013/09/crude-oil-chart-analysis_23.html
ES Chart update: http://niftychartsandpatterns.blogspot.in/2013/09/es-chart-update_7167.html
Just to let everyone know… I’m still around but working on projects. I should have a new HOT pick in junior stocks this week. Been working on this deal and several others for quite awhile now. Just look for the update in the newsletter that I’ll be sending out in a few days. This stock should be an easy doubler.
As for the overall market. We are likely going to continue up until the end of the month to complete this 5th wave and a larger Primary wave 3 up. This leads us to a Primary wave 4 down and that’s a wave that could drop 200 points or more and still be a valid wave 4 down. But for now let’s look for at least 1750 on the SPX by the end of this month. I’ll have a new update when it’s time for the bears to awaken.
GOLD Trend Update: http://niftychartsandpatterns.blogspot.in/2013/09/gold-trend-update.html
For now, I believe the move down has been delayed. I’m not sure yet on how high they plan to go up, which will give me clues to the downside. It’s a bull market at the moment, especially since Bernanke did not cut back on the QE at Wednesday’s FOMC meeting.