There is a lot of support in this 1400 spx zone, so breaking it is the key for the bears. If they don’t break it then I’m going stick with my prior thoughts that we’ll see about 3 down days and then back up to put in the high on the 27th.
The only thing I see in that article that I don’t think is likely to happen is the date. It’s just too obvious for them to do something on 9/11 again. I’m going to stick with the Legatus meeting October 10th-21st as the period where something big happens.
What it will be is a puzzle to me right now? Will they crash the dollar by devaluing it 40% overnight, or will they crash the stock market? I don’t know right now but it should show up in the charts by the time we get there I think.
Possibly yesterday was an A wave down and B wave up with C down happening today? This means the upside FP won’t be hit today but could be hit several days from now.
There is a lot of support in this 1400 spx zone, so breaking it is the key for the bears. If they don’t break it then I’m going stick with my prior thoughts that we’ll see about 3 down days and then back up to put in the high on the 27th.
The only thing I see in that article that I don’t think is likely to happen is the date. It’s just too obvious for them to do something on 9/11 again. I’m going to stick with the Legatus meeting October 10th-21st as the period where something big happens.
What it will be is a puzzle to me right now? Will they crash the dollar by devaluing it 40% overnight, or will they crash the stock market? I don’t know right now but it should show up in the charts by the time we get there I think.
Maybe the high is in? not a ritual day, but tues/wed were
Facebook chart analysis:
http://niftychartsandpatterns.blogspot.in/2012/08/facebook-positive-divergence.html
Coonsidering this tight range, I think there’s a chance it could turn over to the fp red posted earlier
DO you think this is what Lindsey Williams is talking about? Gold and silver derivatives GLD SLV ?
http://www.astroecon.com/marketweek15.htm
Yeah, possible. but doubtful this turns positive today
CRUDE Oil update:
http://niftychartsandpatterns.blogspot.in/2012/08/crude-oil-update_23.html
Possibly yesterday was an A wave down and B wave up with C down happening today? This means the upside FP won’t be hit today but could be hit several days from now.
Ok, looks like the selling isn’t quite done yet.