Does this guy have something organized that he puts out. I went to his blog of what ever it was and i was lost. you have to study the the site for about a month before you can use it.
One of my greatest fears at this point is a gap opening for this morning. Lo and behold, that is what appears to be shaping up. European markets are exulting as of the time of this post (7:30) and FTSE appears to be forming a coffee cup (5 day Yahoo chart), an extremely bullish signal. So, it looks like a fight this morning. Rather, I hope there's a fight and that the 117 resistance is not bypassed.
Here's a chart I played with last night, Red. Zig Zag and I refer to these as our John Nash charts. 😉 The bottom to bottom 66 cycles look pretty good, and if this pattern holds, that would take us from May 06 bottom to August 09, should the pattern hold again. This is also the beginning of the Cardinal Climax, fwiw, and obviously earlier than Laundry's August 26th projected cycle target.
Keirsten
Does this guy have something organized that he puts out. I went to his blog of what ever it was and i was lost.
you have to study the the site for about a month before you can use it.
any suggestions?
ben
Great chart K 🙂
Anbother gap down on the vix today?
There WILL be more downside to fill those gaps the big ?????? is when
Hey, Monica, where's everyone hanging out today? I miss the play-by-play.
C'mon, Europe! Do we always have to do all of your heavy lifting?
j/k
Carl’s morning call:
June S&P E-mini Futures: I think that last week's low at 1056 ended the correction from 1216. Today's range estimate is 1150-75.
1141-1160 range last night (19 points)
1150-1175 estimate for today (25 points – ~1.5 times the usual range)
1158 currently, so estimate is -8 to +17 from here (bullish)
Sold off 1/3 of my SDS. I am still rather heavily committed.
Another fun day in paradise. . .
One of my greatest fears at this point is a gap opening for this morning. Lo and behold, that is what appears to be shaping up. European markets are exulting as of the time of this post (7:30) and FTSE appears to be forming a coffee cup (5 day Yahoo chart), an extremely bullish signal. So, it looks like a fight this morning. Rather, I hope there's a fight and that the 117 resistance is not bypassed.
Here's a chart I played with last night, Red. Zig Zag and I refer to these as our John Nash charts. 😉 The bottom to bottom 66 cycles look pretty good, and if this pattern holds, that would take us from May 06 bottom to August 09, should the pattern hold again. This is also the beginning of the Cardinal Climax, fwiw, and obviously earlier than Laundry's August 26th projected cycle target.
http://bit.ly/crN4aK