I'm thinking tomorrow will be like Feb. 5th, a doji… meaning a large drop in panic for the first few hours of the morning, and then a hard reversal into the afternoon.
Yes, the fake DIA print of 118.16 tells me they will rally it to that level before they finally tank the market. This will allow the moving averages to cross each other on the weekly chart, and possibly the monthly too.
Once the month moving averages cross over top of each other, the market is going to free fall. Estimates are 5,000 points lower. But, the writing is on the wall, so I must listen to it, and see how it lines up with the charts.
before everyone agrees to see a crash tomorrow. Jay strauss (jaywizz) has been calling it good lately. tomorrow a low around 11am then a rally in the afternoon. end of day -the data isn't in yet
and breakpoint trades sees a comparison between now and Feb 4th (thurs) and then friday. Market spiked down hard in the am but ended unchanged (hammer) next twenty days rallied. similarities using macd Histogram (divergence) but didn't show in the macd (lines)_between now thurs/fri and then Feb 4th/5thfriday
I'll have to make sure I get sundancer's containment lines. I really couldn't read the chart and make out the numbers.
It was something unreal I was holding OIH puts and during one of the crash days I couldn't even get a quote the spread was $20 at one point, I crossed my fingers a put a market order in. I didn't get confirmation of the fill for at least half an hour while I was biting my nails.
Hope you are correct!
No more talk about the fat finger on CNBS!
Extremely bullish tomorrow or Monday
http://stockcharts.com/h-sc/ui?s=$NYUPV:$NYDNV
I'm thinking tomorrow will be like Feb. 5th, a doji… meaning a large drop in panic for the first few hours of the morning, and then a hard reversal into the afternoon.
Thanks Joe,
I must have miss the part about Paul Levine… do you have a link to it?
That's about what I'm expecting too Ben. A crash in the morning, and then a rally into the afternoon, forming a doji, just like Feb. 5th, 2010.
Yes, the fake DIA print of 118.16 tells me they will rally it to that level before they finally tank the market. This will allow the moving averages to cross each other on the weekly chart, and possibly the monthly too.
Once the month moving averages cross over top of each other, the market is going to free fall. Estimates are 5,000 points lower. But, the writing is on the wall, so I must listen to it, and see how it lines up with the charts.
before everyone agrees to see a crash tomorrow. Jay strauss (jaywizz) has been calling it good lately. tomorrow a low around 11am then a rally in the afternoon. end of day -the data isn't in yet
and breakpoint trades sees a comparison between now and Feb 4th (thurs) and then friday. Market spiked down hard in the am but ended unchanged (hammer) next twenty days rallied. similarities using macd Histogram (divergence) but didn't show in the macd (lines)_between now thurs/fri and then Feb 4th/5thfriday
I'll have to make sure I get sundancer's containment lines. I really couldn't read the chart and make out the numbers.
Red,
Like your stuff, dude.
Hey, whoever posted that stuff about Paul Levine, thanks! I found it and viola, containment points to the tee!
How about the pi ritual?
Its great the way you share amongst yourselves.
It was something unreal I was holding OIH puts and during one of the crash days I couldn't even get a quote the spread was $20 at one point, I crossed my fingers a put a market order in. I didn't get confirmation of the fill for at least half an hour while I was biting my nails.
Actually I wasn't. But, I believe it!