And of course, MIAMI is the prime (and first) city mentioned in Bradley’s Ode although the 29 92 ritual took place in the LBC and surrounding environs. In fact, his ode is often co-titled MIAMI.
Just a followup to yesterday, the 49ers and their wunderkind coach, 1987 BEARS rookie Jim Harbaugh, are ensnared in a major 11-7 QB controversy right now. 2nd year player and backup #7 has been starting for the 49ers since the incumbent #11 had to sit out a game due to a concussion several weeks ago.
There was another minor change reading you know where yesterday. Usually takes 2 days to have an effect.
I noticed on the chart of the $nya a similar fractal the last several days to the days leading up to the 11-7 plunge–liftoff or dropoff……
Euro plunged hard while the Dax was initially up 1.3% in early trading last night but I am guessing it tapered off after the ECB meeting decision and press conference. Crude oil looks to have dropped hard which makes today’s makret action seem very unusual.
Sadly, I think they are going to rally this pig up tomorrow and into next week some too. They succeeded in using the TOTO money ($7 billion total today) in keeping this pig from tanking. Tomorrow they don’t have any money but they have reset the overbought conditions enough to turn it back up without more money.
They have probably trapped a whole lot of bears in Apple and will likey short squeeze them hard over the next few days. Who needs TOTO money when you can steal it from the bears? So, as much as I’d like to see this pig pop (market tank) I think he’s going to get fatter for a little while longer.
At this point Seawind I think they are going to take this up higher to possibly that 1430-1435 area on the ES futures. The longer they hold this line the less chance of a breakdown. The reason is that they will eventually work off the overbought conditions and then be able to rally. It’s why they call an up move with sideways trading a bull flag.
And of course, MIAMI is the prime (and first) city mentioned in Bradley’s Ode although the 29 92 ritual took place in the LBC and surrounding environs. In fact, his ode is often co-titled MIAMI.
Just a followup to yesterday, the 49ers and their wunderkind coach, 1987 BEARS rookie Jim Harbaugh, are ensnared in a major 11-7 QB controversy right now. 2nd year player and backup #7 has been starting for the 49ers since the incumbent #11 had to sit out a game due to a concussion several weeks ago.
There was another minor change reading you know where yesterday. Usually takes 2 days to have an effect.
I noticed on the chart of the $nya a similar fractal the last several days to the days leading up to the 11-7 plunge–liftoff or dropoff……
Euro plunged hard while the Dax was initially up 1.3% in early trading last night but I am guessing it tapered off after the ECB meeting decision and press conference. Crude oil looks to have dropped hard which makes today’s makret action seem very unusual.
Sadly, I think they are going to rally this pig up tomorrow and into next week some too. They succeeded in using the TOTO money ($7 billion total today) in keeping this pig from tanking. Tomorrow they don’t have any money but they have reset the overbought conditions enough to turn it back up without more money.
They have probably trapped a whole lot of bears in Apple and will likey short squeeze them hard over the next few days. Who needs TOTO money when you can steal it from the bears? So, as much as I’d like to see this pig pop (market tank) I think he’s going to get fatter for a little while longer.
The bear might be toast right now as the bulls could run this tomorrow from the looks of the charts…
Time to exit (for all subscribers) as the move is over. Short lived this one was…
For those subscribers to my newsletter the pick I spoke of is just delayed. Hang tight and just wait for farther updates…
QQQ Hour chart analysis: http://niftychartsandpatterns.blogspot.in/2012/12/qqq-hour-chart-analysis.html
At this point Seawind I think they are going to take this up higher to possibly that 1430-1435 area on the ES futures. The longer they hold this line the less chance of a breakdown. The reason is that they will eventually work off the overbought conditions and then be able to rally. It’s why they call an up move with sideways trading a bull flag.
Watching for spy 142.80 ish the Monday high…..could be a double top in the works? Wanting to short but waiting! Have a great day one and all!