The Nasdaq, Russell 2000, Dax,Cac, retail, xlf all joined everyone else down at their lower BBs today.
A component of a certain little indicator rallied back to its 0 line Friday and since then has reversed south again with the certain little indicator about to venture into unchartered waters.
Some recent highlights: Aug 25 was 26th anniversary of the high of the lesser grand ritual double five years ago. Aug 24 2 years ago, Steve Jobs resigned from Apple and on August 24, 1814 the British burned down the White House during the War of 1812 spawning the genesis of 2 White House Down movies this year.
One thing I’ve noticed that is consistent with these people is the fact that they always lie to the public. He knows gold is headed to 3,000 or more by the end of 2014 so naturally he’s got to tell you to sell yours now. You’ll know the top is in for gold when he tells the public he’s a buyer.
We should bottom today or tomorrow morning I believe. Wednesday’s are very commonly the most powerful “bull” day… meaning if they are going to start a rally after making a lower low today then tomorrow is the best day to do it on. It’s also the 28th and if I recall correctly Gary the numbers guy said many times that the 28th is wealth day. So that means it should belong to the bulls not the bears.
GOLD Support and Resistance Levels: http://niftychartsandpatterns.blogspot.in/2013/08/gold-support-and-resistance-levels_28.html
CRUDE Oil testing the breakout: http://niftychartsandpatterns.blogspot.in/2013/08/crude-oil-testing-breakout.html
S&P 500 Analysis after close: http://niftychartsandpatterns.blogspot.in/2013/08/s-500-analysis-after-closing-bell_28.html
APPLE Support and Resistance levels: http://niftychartsandpatterns.blogspot.in/2013/08/apple-support-and-resistance-levels_28.html
The Nasdaq, Russell 2000, Dax,Cac, retail, xlf all joined everyone else down at their lower BBs today.
A component of a certain little indicator rallied back to its 0 line Friday and since then has reversed south again with the certain little indicator about to venture into unchartered waters.
Some recent highlights: Aug 25 was 26th anniversary of the high of the lesser grand ritual double five years ago. Aug 24 2 years ago, Steve Jobs resigned from Apple and on August 24, 1814 the British burned down the White House during the War of 1812 spawning the genesis of 2 White House Down movies this year.
Now back to my Shining research.
Tomorrow is also…hump day……just a smile your the blog….SMILE!
ES Chart update: http://niftychartsandpatterns.blogspot.in/2013/08/es-chart-update_5372.html
Thx Mr. Red…..
There it was…..new low……
Going to watch $VIX and hold 17 IMO…
Have a great day everyone; Seawind
What do these 2 links imply that is about to happen?
https://www.google.com/search?q=US+Treasury+to+reach+debt+limit+by+mid-October&ie=utf-8&oe=utf-8&aq=t&rls=org.mozilla:en-US:official&client=firefox-a
…and
http://www.legatus.org/event/pilgrimage-saints
All we need now is to hear Warren Buffet come on the propaganda media and say that everything is “ok” now and the worst is behind us.
This article by him on Gold should tell readers of this blog that he’s buying gold by the bucket load…
http://www.bloomberg.com/news/2013-05-05/warren-buffett-says-he-s-not-a-buyer-of-gold-after-price-slump.html
One thing I’ve noticed that is consistent with these people is the fact that they always lie to the public. He knows gold is headed to 3,000 or more by the end of 2014 so naturally he’s got to tell you to sell yours now. You’ll know the top is in for gold when he tells the public he’s a buyer.
We should bottom today or tomorrow morning I believe. Wednesday’s are very commonly the most powerful “bull” day… meaning if they are going to start a rally after making a lower low today then tomorrow is the best day to do it on. It’s also the 28th and if I recall correctly Gary the numbers guy said many times that the 28th is wealth day. So that means it should belong to the bulls not the bears.