Ok… they filled the 1628.93 SPX gap finally! Only one more upside target left before it’s time to short this pig, and that’s about 1632… give or take a few cents.
There’s still a chance that we’ll hit the 1633 falling trendline before the close today but I wouldn’t do it if I controlled and manipulated the market like the gangsters do. I’d drop back some into the close without closing the 1628.93 gap or hitting the falling trendline around 1633 SPX. Then I go lower on Monday as well to lure in some bears… but not too low.
Come Tuesday morning I’d gap it up to hit that falling trendline (which could be around 1631 by then) and close the 1628.93 gap as well. This would scare out the bears that shorted on Monday, which would allow the market to drop without them short (which is always the evil plan as god forbid if the bears actually are allow to make money).
So there you go… me thinking like a gangster again and trying to figure out what’s the best way to steal money from the sheep (me and you are the sheep… you did know that, didn’t you?). Just remember that the market was created to steal your money and the wolves are good at tricking you.
They lie to you 24 hours a day on all their propaganda media outlets and tell you the opposite of the truth. They tell you Jesse James was an outlaw gangster but he was a hero instead. He just robbed the gangsters and they didn’t like it so they make him out to be the bad guy. Same thing with the last 3 whitleblowers on TV lately as they are hero’s that Obombus calls a hacker!
The only hacker is the NSA, CIA and the FBI. Of course Obombus is too stupid, as he’s just a paid actor like Bush was… poor actor too! We’ll, Bush was stupid too I guess as he obviously can’t read since he’s holding the children’s book upside down during the time the secret service guy whispered in his ear that the bomb’s successfully detonated in the twin tower on 9-11-2001… but he wasn’t focused on trying to read anyway as he was too busy getting the children to sing a ritual Satanic song for him!
Anyway, happy slavery day as we all celebrate the 4th of July holiday where we were all brainwashed into thinking that we are free from the British empire… wrong of course as the UNITED STATES OF AMERICA is just a corporation that is owned by controlled by the child molesting and Satan worshiping Pope, run by the royal trash family with the Reptilian Queen as the leader.
It’s been awhile since I’ve express my feeling toward the Illuminati pigs so now as good as a time to let them know I still don’t respect them. I’ve been trying to focus more on the making accurate calls on the market and less on the gangsters but sometime just need to let them all know that I still can’t stand them for all the evil they still do.
For all the rest of the humans on the planet I wish them love and happiness, and all good things in life. Let everyone get back to them 3 fold of what they put out. Put out love and kindness to your neighbor and fellow human and you’ll get back the same. Put out evil like the gangsters and hopefully you’ll have your home robbed while your away on vacation this weekend spend the money you stole from the sheep!
Right… thanks! I added wrong. Today is a 9 day as 0+7+0+5+2+0+1+3=18 or 1+8=9! Duh! How’d I miss that? Ok then, next Tuesday is our day then as it’s the real “eleven” day. Thanks for correcting my mistake.
Considering the reaction the futures had on the jobs data I have to say that we’ll chop around most of today with an upward bias after the first hour or so at the open. Then by the close there should be some slight selling, but not much as most traders are still on holiday vacation.
Now considered that today is another “eleven” day there could be some type of top put in… but I really want to see that downward sloping trendline hit first. It’s coming in around 1633 on the SPX today and was probably already hit on the ES with the spike up to 1630.75 at 8:34 am.
If the trendline is hit today then I might dip my toes into a short but this could easily be pushed out until next Monday just as well. With extremely low volume expected today I just don’t trust any move down and playing the “what if” short position over the weekend is a gamble. Yes, they could release some negative news and gap down on Monday or they could do nothing and just open flat or even gap up?
That “not knowing” makes it tough to go short unless we first hit that falling trendline around 1633 spx and then drop back enough (maybe 10 points?) to put in a nice topping tail on the daily chart. If they don’t drop back and simply trade slightly down the rest of the day (hugging the falling trendline) then that would make a bull flag for Monday.
It could easily happen too with the light volume. They could rally up and possibly hit that trendline by midday and then ride it sideways the rest of the afternoon. This is a tough call and best to just watch for now.
but the “eleven” day is not friday, it’s actually Tuesday 7+9+2+0+1+3=22, so shouldn’t the market rally all the way till tuesday of next week and then tank?
I’m expecting the same target zone as he is and his top Fib. level of 1632.96 could easily be the level that the falling trendline will be at on Friday as shown in this chart…
P.S. New FP on the SPY of 160.87, which I believe will be hit by the close today… but make no mistake in thinking we are going to tank hard on Friday as you should know that this move down is done to trap shorts. They will spin the non-farm payroll report as positive to rally the market regardless of the number.
Everything in my gut tells me they are going to ramp this up to close the gap at 1628.93 on the SPX and hit the falling trendline around 1635 (today only as it’s obviously still falling and will be lower on Friday). Therefore I’m holding off on shorting until Friday as I fully expect this move up to happen on that “eleven” day.
Then by noon to 2pm I’d expect it to top out and allow for some light selling into the close to make a topping tail on the daily candle chart. That will allow the gangsters to release some negative news over the weekend and gap down on Monday, with the rest of the week being bearish too! You should all know by now that they always squeeze out the retails bears before they tank it. I fully expect that squeeze on Friday.
Ok… they filled the 1628.93 SPX gap finally! Only one more upside target left before it’s time to short this pig, and that’s about 1632… give or take a few cents.
There’s still a chance that we’ll hit the 1633 falling trendline before the close today but I wouldn’t do it if I controlled and manipulated the market like the gangsters do. I’d drop back some into the close without closing the 1628.93 gap or hitting the falling trendline around 1633 SPX. Then I go lower on Monday as well to lure in some bears… but not too low.
Come Tuesday morning I’d gap it up to hit that falling trendline (which could be around 1631 by then) and close the 1628.93 gap as well. This would scare out the bears that shorted on Monday, which would allow the market to drop without them short (which is always the evil plan as god forbid if the bears actually are allow to make money).
So there you go… me thinking like a gangster again and trying to figure out what’s the best way to steal money from the sheep (me and you are the sheep… you did know that, didn’t you?). Just remember that the market was created to steal your money and the wolves are good at tricking you.
They lie to you 24 hours a day on all their propaganda media outlets and tell you the opposite of the truth. They tell you Jesse James was an outlaw gangster but he was a hero instead. He just robbed the gangsters and they didn’t like it so they make him out to be the bad guy. Same thing with the last 3 whitleblowers on TV lately as they are hero’s that Obombus calls a hacker!
The only hacker is the NSA, CIA and the FBI. Of course Obombus is too stupid, as he’s just a paid actor like Bush was… poor actor too! We’ll, Bush was stupid too I guess as he obviously can’t read since he’s holding the children’s book upside down during the time the secret service guy whispered in his ear that the bomb’s successfully detonated in the twin tower on 9-11-2001… but he wasn’t focused on trying to read anyway as he was too busy getting the children to sing a ritual Satanic song for him!
Anyway, happy slavery day as we all celebrate the 4th of July holiday where we were all brainwashed into thinking that we are free from the British empire… wrong of course as the UNITED STATES OF AMERICA is just a corporation that is owned by controlled by the child molesting and Satan worshiping Pope, run by the royal trash family with the Reptilian Queen as the leader.
It’s been awhile since I’ve express my feeling toward the Illuminati pigs so now as good as a time to let them know I still don’t respect them. I’ve been trying to focus more on the making accurate calls on the market and less on the gangsters but sometime just need to let them all know that I still can’t stand them for all the evil they still do.
For all the rest of the humans on the planet I wish them love and happiness, and all good things in life. Let everyone get back to them 3 fold of what they put out. Put out love and kindness to your neighbor and fellow human and you’ll get back the same. Put out evil like the gangsters and hopefully you’ll have your home robbed while your away on vacation this weekend spend the money you stole from the sheep!
Right… thanks! I added wrong. Today is a 9 day as 0+7+0+5+2+0+1+3=18 or 1+8=9! Duh! How’d I miss that? Ok then, next Tuesday is our day then as it’s the real “eleven” day. Thanks for correcting my mistake.
Considering the reaction the futures had on the jobs data I have to say that we’ll chop around most of today with an upward bias after the first hour or so at the open. Then by the close there should be some slight selling, but not much as most traders are still on holiday vacation.
Now considered that today is another “eleven” day there could be some type of top put in… but I really want to see that downward sloping trendline hit first. It’s coming in around 1633 on the SPX today and was probably already hit on the ES with the spike up to 1630.75 at 8:34 am.
If the trendline is hit today then I might dip my toes into a short but this could easily be pushed out until next Monday just as well. With extremely low volume expected today I just don’t trust any move down and playing the “what if” short position over the weekend is a gamble. Yes, they could release some negative news and gap down on Monday or they could do nothing and just open flat or even gap up?
That “not knowing” makes it tough to go short unless we first hit that falling trendline around 1633 spx and then drop back enough (maybe 10 points?) to put in a nice topping tail on the daily chart. If they don’t drop back and simply trade slightly down the rest of the day (hugging the falling trendline) then that would make a bull flag for Monday.
It could easily happen too with the light volume. They could rally up and possibly hit that trendline by midday and then ride it sideways the rest of the afternoon. This is a tough call and best to just watch for now.
ES Chart update: http://niftychartsandpatterns.blogspot.in/2013/07/es-charts-update.html
but the “eleven” day is not friday, it’s actually Tuesday 7+9+2+0+1+3=22, so shouldn’t the market rally all the way till tuesday of next week and then tank?
APPLE Charts: http://niftychartsandpatterns.blogspot.in/2013/07/apple-chart-update.html
I couldn’t have said it better then what Peter Ghostine says in his chart… http://charts.61point8.com/20130705-SPX.png
I’m expecting the same target zone as he is and his top Fib. level of 1632.96 could easily be the level that the falling trendline will be at on Friday as shown in this chart…
http://screencast.com/t/iZBEnUUVk
P.S. New FP on the SPY of 160.87, which I believe will be hit by the close today… but make no mistake in thinking we are going to tank hard on Friday as you should know that this move down is done to trap shorts. They will spin the non-farm payroll report as positive to rally the market regardless of the number.
Everything in my gut tells me they are going to ramp this up to close the gap at 1628.93 on the SPX and hit the falling trendline around 1635 (today only as it’s obviously still falling and will be lower on Friday). Therefore I’m holding off on shorting until Friday as I fully expect this move up to happen on that “eleven” day.
Then by noon to 2pm I’d expect it to top out and allow for some light selling into the close to make a topping tail on the daily candle chart. That will allow the gangsters to release some negative news over the weekend and gap down on Monday, with the rest of the week being bearish too! You should all know by now that they always squeeze out the retails bears before they tank it. I fully expect that squeeze on Friday.