I’m expecting a rally at some point to cut this lost in half. I don’t know if we will close up at that level as it depends on if they do it early in the day or later in the afternoon. If early in the day then it should be shorted as they will likely reverse back down into the close. If later in the day then they don’t want it to sell off and the low will likely be in with further upside next week.
I’m not expecting a crash here gang… unless the move up happens early this morning. I expecting them to struggle to hold the market up all morning and then in the afternoon I’m expecting the selling pressure to let up and allow them to rally up. Remember, they want the market up for the end of the year… not down.
yes, mid January.
it’s a large chart, and I admit, some weeks are off by one.
so it’s a fuzzy mid Jan for me.
I’m trying to to time it down NOT to a day but more of a tide change.
SPY Support levels: http://niftychartsandpatterns.blogspot.in/2012/12/spy-support-levels.html
RIMM Chart analysis: http://niftychartsandpatterns.blogspot.in/2012/12/rimm-chart-analysis_21.html
Morning update:
I’m expecting a rally at some point to cut this lost in half. I don’t know if we will close up at that level as it depends on if they do it early in the day or later in the afternoon. If early in the day then it should be shorted as they will likely reverse back down into the close. If later in the day then they don’t want it to sell off and the low will likely be in with further upside next week.
I’m not expecting a crash here gang… unless the move up happens early this morning. I expecting them to struggle to hold the market up all morning and then in the afternoon I’m expecting the selling pressure to let up and allow them to rally up. Remember, they want the market up for the end of the year… not down.
However, January is looking very ugly too me…
definitely looking ugly fast.. going to wait for a possible bounce, as puts will be pretty expensive now
145.14=15=6+0.8715=6 (0.60%)= 666 lol
yes, mid January.
it’s a large chart, and I admit, some weeks are off by one.
so it’s a fuzzy mid Jan for me.
I’m trying to to time it down NOT to a day but more of a tide change.
What date is that T on? The last line up in January? I’m guessing the week of the 4th.
January 13th.
a friend of a friend gave me this one.
(you know how I like T’s, even if they’re upside down!)
http://s10.postimage.org/l2silf5e1/jan.png
If the market opens at this high print tomorrow I’d be looking for the low print to follow…
http://reddragonleo.com/wp-content/uploads/my-iphone-at-613-am-July-20-20121.jpg
Here it is: http://www.youtube.com/watch?v=Mq31fmKwh-4
Obviously, the circle around 20 is solar related.
5-20====solar eclipse 7-20=====Dark Knight Rises and the cinematic release of its namesake…….7 and 5 months later is 12-20…….