Red

Not liking this market here……$SPX 100 mda @ 1637.34…getting close……will she hold or another leg down??? hmmmmmm but the $NYMO is not dropping much so to speak.
All my best; Seawind

CRUDE Oil chart analysis: http://niftychartsandpatterns.blogspot.in/2013/08/crude-oil-chart-analysis_27.html

Interesting headline on CNBC… “Treasury to reach debt limit by mid-October: report”, and interesting timing as mid October is when Legatus will be going on.

Gang, I got some computer issues since late last week and haven’t be able to do a new update. I’m using a backup computer for this post. I’m looking for a retest of the lows this week and then a rally through all of September. The likely final high should be before Legatus starts (8th-17th) this coming October. So for now I think we just got a bunch of slow motion chop.

GLD Weekend update: http://niftychartsandpatterns.blogspot.in/2013/08/gld-weekend-update_25.html

Falling Wedge of INTEL: http://niftychartsandpatterns.blogspot.com/2013/08/falling-wedge-of-intel-update.html

$SPX finally broke thru resist @ 1662 ish…..tough day…..middle of BB’s on the daily is 1680 ish

Have a great weekend one and all….Seawind

ES Resistance levels: http://niftychartsandpatterns.blogspot.in/2013/08/es-resistance-levels.html

CRUDE Oil support and resistance levels: http://niftychartsandpatterns.blogspot.in/2013/08/crude-oil-support-and-resistance-levels_23.html

Silver chart analysis: http://niftychartsandpatterns.blogspot.in/2013/08/silver-resistance-levels_23.html