Lumber down again today……The weekly red bars are getting bigger and bigger….
Utilities down 1% as well while most averages closed flattish to near flattish.
Oh yes and tomorrow’s infamous lunar eclipse…….The final eclipse to this very rare triple eclipse dating back over the past month. Lunar eclipses tend to work as important triggers over solar eclipses. The solar eclipse earlier in the month crossed over the Southern Pacific and was hardly seen by any of the planets’ population.
The Hangover 3 comes out this week. Probably need to see it for its ritualistic significance. Also need to do a Great Gatsby review……Gatsby very Grand Ritual appropriate.
Wow, $cpci (index putcall ratio) skyrocketed to 1.74 today. Was everyone really that bearish today or just smart money???
Monday could be the infamous 27–ie 999 or 59 but the markets will be closed in the US.
Tuesday, 5-28 could be “special”. It would be 1415 trading days from 10-11-07 and the operators certainly like the 14-15 number with all of the 14,15 week cycles etc. etc,14+15==29……14-15…ONs Jr. Market…….ObiliviON…….TbONe….Live for NOW….NO More…. and many more.
I did realize that the Cramer Code numbers add up to a scrambled 5-28-13…
The 3 columns add up as follows……………20—-85—-130…….
So a European style date???ie (208)(5)(130)….. Actually, I now see even more embedded in there….
In fact, next week should be quite fun from top to bottom…….. A lot of 61s next week.
Just want to see how the lower daily and weekly BBs hold up to the impending decline.
this is the new normal in my opinion….robotic algorithmic churn….only HFT knows the targets because robots r the only ones trading the markets
HFT is about 70% of todays market imagine when its 90%….bankers dream
financial markets totally controlled with known ranges …..no crashes but unbelievable squeezes like the one we just went thru since NOV 2012….that was a algo ramp if i ever saw one….no pullbacks….no exit points until target hit
The market is stuck in a triangle right now… http://screencast.com/t/uHtZKkkvzke6
A breakout could happen later today if they want to close the market in the green or they could chop up and down inside it until next week. Hard too say but historically they like to close the market on Friday positive… and especially since we are going into a 3 day holiday weekend.
But there is also just as much a likelihood that they will chop it up the rest of the day inside the triangle and breakout (or breakdown?) next week so they can leave the traders clueless as to the direction. I’m sure they took out the bulls’ stops that went long yesterday with today’s gap down, but they might leave the bears stops alone until next week.
APPLE in a Diamond pattern: http://niftychartsandpatterns.blogspot.in/2013/05/apple-in-diamond-pattern.html
Lumber down again today……The weekly red bars are getting bigger and bigger….
Utilities down 1% as well while most averages closed flattish to near flattish.
Oh yes and tomorrow’s infamous lunar eclipse…….The final eclipse to this very rare triple eclipse dating back over the past month. Lunar eclipses tend to work as important triggers over solar eclipses. The solar eclipse earlier in the month crossed over the Southern Pacific and was hardly seen by any of the planets’ population.
The Hangover 3 comes out this week. Probably need to see it for its ritualistic significance. Also need to do a Great Gatsby review……Gatsby very Grand Ritual appropriate.
Wow, $cpci (index putcall ratio) skyrocketed to 1.74 today. Was everyone really that bearish today or just smart money???
Monday could be the infamous 27–ie 999 or 59 but the markets will be closed in the US.
Tuesday, 5-28 could be “special”. It would be 1415 trading days from 10-11-07 and the operators certainly like the 14-15 number with all of the 14,15 week cycles etc. etc,14+15==29……14-15…ONs Jr. Market…….ObiliviON…….TbONe….Live for NOW….NO More…. and many more.
I did realize that the Cramer Code numbers add up to a scrambled 5-28-13…
The 3 columns add up as follows……………20—-85—-130…….
So a European style date???ie (208)(5)(130)….. Actually, I now see even more embedded in there….
In fact, next week should be quite fun from top to bottom…….. A lot of 61s next week.
Just want to see how the lower daily and weekly BBs hold up to the impending decline.
Nothing but chop today! What a waste of time…
this is the new normal in my opinion….robotic algorithmic churn….only HFT knows the targets because robots r the only ones trading the markets
HFT is about 70% of todays market imagine when its 90%….bankers dream
financial markets totally controlled with known ranges …..no crashes but unbelievable squeezes like the one we just went thru since NOV 2012….that was a algo ramp if i ever saw one….no pullbacks….no exit points until target hit
stop hunts ….algos churn zzzzzzzzzzzzzzzzzzzzzzzzzzz
SPY Support and Resistance levels: http://niftychartsandpatterns.blogspot.in/2013/05/spy-support-and-resistance-levels.html
The market is stuck in a triangle right now… http://screencast.com/t/uHtZKkkvzke6
A breakout could happen later today if they want to close the market in the green or they could chop up and down inside it until next week. Hard too say but historically they like to close the market on Friday positive… and especially since we are going into a 3 day holiday weekend.
But there is also just as much a likelihood that they will chop it up the rest of the day inside the triangle and breakout (or breakdown?) next week so they can leave the traders clueless as to the direction. I’m sure they took out the bulls’ stops that went long yesterday with today’s gap down, but they might leave the bears stops alone until next week.
criminal bankers will not make it easy on the bears…. they got trillions in QE invested and a printing press
thanks for ur insights