All this sideways to slightly down movement is just allowing the short term charts to work off their overbought conditions… giving the bulls another shot at going higher.
The nasdaq, Dax, $Cac with patterns/ rallies seen going into the 10-6 top double four years probably accompanied by similar type of euphoria. Put call ratio dropped hard today. Cobra’s Nasdaq total volume to Nyse total volume hit its highest levels since February (when it didn’t really mean anything except maybe a high for the advance decline line).
Today is 88 tds from the 4-2 high, 68 tds from the 5-1 high and 98 calendar days from the 5-1 high (127 from 4-2….29 from 4-2 to 5-1).
The QQQs closed at 66.65.
The 1896 Dow 8-7 close of 28.48====88.12????
Nixon’s resignation speech was on 8-8 but his resignation occurred on 8-9 (at 11:35am–11-8 or 88?).
He was the 37th president and his resignation speech was his 37th speech to the country. And he mentions there are 2 1/2 years left in his term…..5 1/2 years have already passed (512==8x8x8)….etc.etc.etc.
I just posted on that thread BH… “I just looked at the SPY (tracks the S&P500), the QQQ (tracks the Nasdaq), and IWM (tracks the Russell) and I don’t see any odd or unusual amounts of open interest in the “Puts” for these indexes.”
So, I don’t think we’ll see a false flag to crash the market but I do believe it will sell off after the FP of 1419 spx is hit… which again, I think will happen this Thursday because it’s another ritual “eleven” date.
B/C the elite like to use Kerry to spread fear…Also she does not have a good record on reporting from sources that tell her certain things will happen…But i guess i will look at some puts just for laughs..
Why wouldn’t you want to post this BH? This is exactly the information we need to see. Thanks for posting it, and I’ll look into to it to see if it’s accurate or not.
All this sideways to slightly down movement is just allowing the short term charts to work off their overbought conditions… giving the bulls another shot at going higher.
a little red to stir those bears in.. Caught some puts at the open
PCLN Bear flag:
http://niftychartsandpatterns.blogspot.in/2012/08/pcln-bear-flag-and-target-area.html
ES Chart analysis:
http://niftychartsandpatterns.blogspot.in/2012/08/es-chart-analysis_8.html
I wonder what Atilla is up to? No tweets from him in awhile..
The nasdaq, Dax, $Cac with patterns/ rallies seen going into the 10-6 top double four years probably accompanied by similar type of euphoria. Put call ratio dropped hard today. Cobra’s Nasdaq total volume to Nyse total volume hit its highest levels since February (when it didn’t really mean anything except maybe a high for the advance decline line).
Today is 88 tds from the 4-2 high, 68 tds from the 5-1 high and 98 calendar days from the 5-1 high (127 from 4-2….29 from 4-2 to 5-1).
The QQQs closed at 66.65.
The 1896 Dow 8-7 close of 28.48====88.12????
Nixon’s resignation speech was on 8-8 but his resignation occurred on 8-9 (at 11:35am–11-8 or 88?).
He was the 37th president and his resignation speech was his 37th speech to the country. And he mentions there are 2 1/2 years left in his term…..5 1/2 years have already passed (512==8x8x8)….etc.etc.etc.
Yea.. I don’t see really any huge volume either…
I just posted on that thread BH… “I just looked at the SPY (tracks the S&P500), the QQQ (tracks the Nasdaq), and IWM (tracks the Russell) and I don’t see any odd or unusual amounts of open interest in the “Puts” for these indexes.”
So, I don’t think we’ll see a false flag to crash the market but I do believe it will sell off after the FP of 1419 spx is hit… which again, I think will happen this Thursday because it’s another ritual “eleven” date.
B/C the elite like to use Kerry to spread fear…Also she does not have a good record on reporting from sources that tell her certain things will happen…But i guess i will look at some puts just for laughs..
Why wouldn’t you want to post this BH? This is exactly the information we need to see. Thanks for posting it, and I’ll look into to it to see if it’s accurate or not.