Yeah, i’m slightly short, but i think they’ll drop to resistance 138/7 by Wednesday, and reverse back up to pierce 142 by Monday. Hard to say, But, i always try to think like them. And if I wanted to make sure the market was clear, for only the insiders, that’s what I would do
So far all they have to do is just hold the current level as 1418 on the ES is about 1420 spx right now because the cash is running slightly higher by a few points.
That’s exactly what they have done many times in the past. I’ve been a victim of that exact trap… getting short before the FP was hit and/or pierced slightly. I got over excited thinking it was “close enough”… only to see the dip turn back up and hit the print a few days later. While history does always repeat, the gangsters do follow the same evil pattern.
if they do put the high in, sometime near the open, then I could see them coming out with some bad news to easily drop this market 2-3%, from 142 spy area, to hover right around the next resistance by the end of the week. A month and a half of nothing, maybe they push it out another week? but I don’t think so
Well, my thoughts anyway, is if they REALLY wanted to get everyone, and if i were in control of the market, i would drop down to a Resistance, where i know all bears would get short, 1380-70, then reverse back up to hit the FP next Monday before really crashing hard. I know, sounds drastic, and one hell of a swing, but that would wipe out almost everyone in my opinion
I’d think most people were in cash right now, after the past few weeks. So, a move like that could easily catch everyone
Yeah, i’m slightly short, but i think they’ll drop to resistance 138/7 by Wednesday, and reverse back up to pierce 142 by Monday. Hard to say, But, i always try to think like them. And if I wanted to make sure the market was clear, for only the insiders, that’s what I would do
So far all they have to do is just hold the current level as 1418 on the ES is about 1420 spx right now because the cash is running slightly higher by a few points.
That’s exactly what they have done many times in the past. I’ve been a victim of that exact trap… getting short before the FP was hit and/or pierced slightly. I got over excited thinking it was “close enough”… only to see the dip turn back up and hit the print a few days later. While history does always repeat, the gangsters do follow the same evil pattern.
if they do put the high in, sometime near the open, then I could see them coming out with some bad news to easily drop this market 2-3%, from 142 spy area, to hover right around the next resistance by the end of the week. A month and a half of nothing, maybe they push it out another week? but I don’t think so
Well, my thoughts anyway, is if they REALLY wanted to get everyone, and if i were in control of the market, i would drop down to a Resistance, where i know all bears would get short, 1380-70, then reverse back up to hit the FP next Monday before really crashing hard. I know, sounds drastic, and one hell of a swing, but that would wipe out almost everyone in my opinion
Odds are very low that they go up to 1445 Anthony. Too many bulls are now thinking that same thing.
The question is… will they pop it up and hit the FP Monday morning or sell off some first and push this out until next Monday.
The calm before the storm…..
I’f be surprised if they were really able to push this to 1445 without first having, at least, a minor xorrection