we shall see…. Going to be one hell of a month if all this happens…. rally up to the fp, or maybe slightly higher, crash with a false flag, then qe3… That would surely make it one hell of a summer
That would make more sense to me… They’d want to have people buying into the market before pulling something like that… That would make more sense anyway
Looks like the low could be in now. I think we are seeing an “A” wave up that should hit resistance around 1335 ES, followed by a “B” wave down tomorrow morning to lure in some bears, and finally a “C” wave up into the rest of Friday and early next week.
Good information… thanks Donnie. Keep us informed, as I expect that they’ll put in the bottom tomorrow around that 1310 area. Then rally next week as it’s an OPX week (and the market being oversold will be another reason to rally)
When I see the tick -1000, -1500, etc means selling continues. We never got a -1000 this AM but more alarming to me was the trin was not rising fast enough compared to other “down days” so i suspected the selling wouldn’t pickup and it didn’t. ES turned and is moving up. adv-dec ratio has turned up during this up move today but the uvol-dvol ratio HAS NOT. So there is still a possibility this up move today will be limited. Trin is still not confirming an up move or down move at this time. This is just MHO.
we shall see…. Going to be one hell of a month if all this happens…. rally up to the fp, or maybe slightly higher, crash with a false flag, then qe3… That would surely make it one hell of a summer
Seems logical to go up to that FP once this market turns up hard. I’d say yeah… that’s totally possible.
what’s your target? still 138?
After one more move down tomorrow morning I’d say that one could go long for multiple days… into late next week.
That would make more sense to me… They’d want to have people buying into the market before pulling something like that… That would make more sense anyway
Not sure but we could actually run back up into late July… right in time for the Olympics to start.
at this rate, I don’t see qe3 in August unless they do the false flag
Looks like the low could be in now. I think we are seeing an “A” wave up that should hit resistance around 1335 ES, followed by a “B” wave down tomorrow morning to lure in some bears, and finally a “C” wave up into the rest of Friday and early next week.
Good information… thanks Donnie. Keep us informed, as I expect that they’ll put in the bottom tomorrow around that 1310 area. Then rally next week as it’s an OPX week (and the market being oversold will be another reason to rally)
When I see the tick -1000, -1500, etc means selling continues. We never got a -1000 this AM but more alarming to me was the trin was not rising fast enough compared to other “down days” so i suspected the selling wouldn’t pickup and it didn’t. ES turned and is moving up. adv-dec ratio has turned up during this up move today but the uvol-dvol ratio HAS NOT. So there is still a possibility this up move today will be limited. Trin is still not confirming an up move or down move at this time. This is just MHO.