We “should” see a 2-3 day bounce. However, with next Monday being the famous October 29th I don’t see any traders holding into that date (some times the past does repeat itself). So, I suspect this Friday will be a down day and the high for this bounce should happen on Thursday or at the open Friday.
They could do that easily as the May 1st sell off lasted about 13 trading days before the wave 3 bottomed and wave 4 started up. Maybe they do exactly the same thing here to?
Looks like all the bears are onboard short now… which tells me a squeeze is about to start. It should be an “ABC” move up and could last for 2-3 days. But after it tops I expect the next wave down to be worst then this one.
That will probably be the bottom for this entire move down from the looks of how it’s already got started. When (and they will) the wave 2 up starts and then ends the wave 3 down will be a multiply combination of wave 3’s. It really could happen this coming Monday the 29th?
Of course lets not forget about this coming election day as it’s another ritual “eleven” day. I looked all the way back to 1900 and couldn’t find any “November 6th” during an “election year” that was an “eleven” day. That’s got to mean something….
We “should” see a 2-3 day bounce. However, with next Monday being the famous October 29th I don’t see any traders holding into that date (some times the past does repeat itself). So, I suspect this Friday will be a down day and the high for this bounce should happen on Thursday or at the open Friday.
Lindsey Williams ~ The Elite want Obama ousted
(largely because of his opposition to Keystone Pipeline)
http://www.youtube.com/watch?v=V_00OFp2k_Q&feature=player_embedded
Today was a little too heavy to go short.. I’ll look for a small pop up tomorrow and maybe into the end of the week
They could do that easily as the May 1st sell off lasted about 13 trading days before the wave 3 bottomed and wave 4 started up. Maybe they do exactly the same thing here to?
QQQ Chart analysis: http://niftychartsandpatterns.blogspot.in/2012/10/qqq-testing-200-sma.html
JUST SAYING ..THEY GO DOWN ALL THE WAY TO 6 NOV THEN HAVE THE USUAL EUPHORIA ELECTIONS(YR ABC UP) THEN COMES HORROR TIME…..
How Iran Evades The Western Blockade: The Turkey-Dubai-Iran PetroGold Triangle
http://www.zerohedge.com/news/2012-10-23/how-iran-evades-western-blocakde-turkey-dubai-iran-petrogold-triangle
this coincides with Lindsey Williams’ message on the erosion of the petrodollar dominance
http://www.youtube.com/watch?v=EZLqkT-IzzQ&feature=player_embedded
Looks like all the bears are onboard short now… which tells me a squeeze is about to start. It should be an “ABC” move up and could last for 2-3 days. But after it tops I expect the next wave down to be worst then this one.
That will probably be the bottom for this entire move down from the looks of how it’s already got started. When (and they will) the wave 2 up starts and then ends the wave 3 down will be a multiply combination of wave 3’s. It really could happen this coming Monday the 29th?
Of course lets not forget about this coming election day as it’s another ritual “eleven” day. I looked all the way back to 1900 and couldn’t find any “November 6th” during an “election year” that was an “eleven” day. That’s got to mean something….
1065 is the word is the place is the motion 1065 is the word (music)…1065 is the word is the motion (music)…