This brief pullback shouldn’t last too long and is a buying opportunity. I suspect it will turn back up by noon but could last until the close. Today should just end up as a “doji” or pause day on the daily charts.
It could be slightly positive or slightly negative, but not down very far. If it turns back up by noon then it could actually rally up 5-10 spx points, but about “flat” seems more likely. This will allow the overbought charts to reset and push up tomorrow I think.
I suspect a peak by Wednesday followed by some selling on Thursday and Friday. They will likely pin the market in the 1350 SPX (135 SPY) area by Friday I think.
I don’t know “when” they will do a rate increase but it will happen eventually. Regardless of whether they do or do not increase the rates I still see the market topping around that level.
They tend to rally the market pretty high before doing a big crash, so 1400+ is certainly a possibility…. The million dollar question is, will that crash come from a rate increase? or a false flag? Time will tell.
Yeah. Certainly an eye-opener for the unaware. He claimed aliens landed at the Olympics in Vegas? i believe it was back in the 60’s, and that this is mainly a big show for them… interesting
Boring day…..
Good morning gang…
This brief pullback shouldn’t last too long and is a buying opportunity. I suspect it will turn back up by noon but could last until the close. Today should just end up as a “doji” or pause day on the daily charts.
It could be slightly positive or slightly negative, but not down very far. If it turns back up by noon then it could actually rally up 5-10 spx points, but about “flat” seems more likely. This will allow the overbought charts to reset and push up tomorrow I think.
I suspect a peak by Wednesday followed by some selling on Thursday and Friday. They will likely pin the market in the 1350 SPX (135 SPY) area by Friday I think.
Copper resistance levels:
http://niftychartsandpatterns.blogspot.in/2012/07/copper-resistance-levels.html
ES Resistance levels:
http://niftychartsandpatterns.blogspot.in/2012/07/es-resistance-levels.html
I don’t know “when” they will do a rate increase but it will happen eventually. Regardless of whether they do or do not increase the rates I still see the market topping around that level.
They tend to rally the market pretty high before doing a big crash, so 1400+ is certainly a possibility…. The million dollar question is, will that crash come from a rate increase? or a false flag? Time will tell.
New post…
http://reddragonleo.com/2012/07/15/olympics-false-flag-by-the-illuminati-cabal-to-crash-stock-market-misdirection-or-truth/#disqus_thread
It was in Los Angeles, and in 1984.
Yeah. Certainly an eye-opener for the unaware. He claimed aliens landed at the Olympics in Vegas? i believe it was back in the 60’s, and that this is mainly a big show for them… interesting
Thanks… I actually seen that video awhile back. I’m going to add it to my new post, as it’s got a lot of good info in it.