Thanks Sam… I get some right from time to time. Still don’t know about Monday, but my gut tells me bullish for most of the week… at least until the FOMC meeting on Wednesday. Of course that doesn’t mean we can’t gap down at the open on Monday from uncertainty on “how” to understand the vote outcome on Sunday.
Which “if” we do go down at first I’d start paying close attention to the volume. When the “bot’s” come into to stop the fall there is usually a big spike in it. I could be totally wrong of course and the market just collapses on Monday, but again… my instinct says the timing isn’t right just yet.
I’ll keep everyone posted as to when I see the short term charts get oversold (not saying that they can’t get more oversold of course) which should indicate the bottom before turning back up into the FOMC meeting.
I’m still looking for them to get this up high enough to put the bears too sleep. The dollar is still overbought on the daily chart and could easily go down to the 80 area before finding good support. That would allow for a rally to my target area of 1370-1385 SPX… but we’ll see I guess.
Noah’s Flude is Britten’s Opus 59. The title really is Noye’s Fludde (NOYE—YOYOMama!!!!)
It is considered a 1957 play and there is a Greek angle to it as the first song is KYRIE ELIASON sp.??
They’ve actually been leaking that the pro-Euro New Democracy is leading in the Greek polls. That was yesterday. I don’t what went on today since I followed Euro Cup soccer and not the markets.
But I didn’t do anything at the close. I’ve never seen a 3 day crash develop above the 200 day average. I notice Crawford and Mr. Astro Energy are in alignment on this. Those are the 3 days that they have been advertising BLATANTLY but there probably is something more subtle going on.
6-18 is the next number on the Cramer Code. Benjamin Britten’s Noah’s Flude, which features so prominently in Moonrise Kingdom, was first performed on June 18, 1958 which makes Monday the 54th anniversary and if you check out Britten’s background it is more likely he was an enlightened one rather than a pious Christian soul so the original performance date definitely had occultic implications.
Rock of Ages, a rock opera set in 1987 opens in theaters today. As a musical it first opened in Los Angeles on July 27, 2005 or 7-77-7???? 6-18 is 6years 10 months 22days later.
6-18 is also a double ninen hit from the great episode double four years ago.
While that FP of 135.71 on the SPY is still out there un-hit from earlier this week, the odds now favor a move down on Monday based on them hitting the FP from today of 134.32 SPY. That doesn’t mean they won’t reverse it and go back up into the Wednesday FOMC meeting to hit the 135.71 print, as anything is possible. I can only say that odds favor morning selling this coming Monday.
SPX Analysis after closing bell:
http://niftychartsandpatterns.blogspot.in/2012/06/s-500-analysis-after-closing-bell_16.html
Could be TS? One thing for sure is that Monday should be a very volatile day!
Thanks Sam… I get some right from time to time. Still don’t know about Monday, but my gut tells me bullish for most of the week… at least until the FOMC meeting on Wednesday. Of course that doesn’t mean we can’t gap down at the open on Monday from uncertainty on “how” to understand the vote outcome on Sunday.
Which “if” we do go down at first I’d start paying close attention to the volume. When the “bot’s” come into to stop the fall there is usually a big spike in it. I could be totally wrong of course and the market just collapses on Monday, but again… my instinct says the timing isn’t right just yet.
I’ll keep everyone posted as to when I see the short term charts get oversold (not saying that they can’t get more oversold of course) which should indicate the bottom before turning back up into the FOMC meeting.
I’m still looking for them to get this up high enough to put the bears too sleep. The dollar is still overbought on the daily chart and could easily go down to the 80 area before finding good support. That would allow for a rally to my target area of 1370-1385 SPX… but we’ll see I guess.
Noah’s Flude is Britten’s Opus 59. The title really is Noye’s Fludde (NOYE—YOYOMama!!!!)
It is considered a 1957 play and there is a Greek angle to it as the first song is KYRIE ELIASON sp.??
Rooster Cogburn if alive today would be 186 years old. New TG version. His birthday 7-15-1825.
They’ve actually been leaking that the pro-Euro New Democracy is leading in the Greek polls. That was yesterday. I don’t what went on today since I followed Euro Cup soccer and not the markets.
But I didn’t do anything at the close. I’ve never seen a 3 day crash develop above the 200 day average. I notice Crawford and Mr. Astro Energy are in alignment on this. Those are the 3 days that they have been advertising BLATANTLY but there probably is something more subtle going on.
6-18 is the next number on the Cramer Code. Benjamin Britten’s Noah’s Flude, which features so prominently in Moonrise Kingdom, was first performed on June 18, 1958 which makes Monday the 54th anniversary and if you check out Britten’s background it is more likely he was an enlightened one rather than a pious Christian soul so the original performance date definitely had occultic implications.
Rock of Ages, a rock opera set in 1987 opens in theaters today. As a musical it first opened in Los Angeles on July 27, 2005 or 7-77-7???? 6-18 is 6years 10 months 22days later.
6-18 is also a double ninen hit from the great episode double four years ago.
Red
You’re a pretty smart guy. I enjoy reading your articles and your comments. You nailed it on the head today with the SPY.
Crawford have said for today will be “OPX EXP – Sharp rally high-SHORT on CLOSE” “6/18-20 could have sharp down”
Speaking of Greece – I have family in Greece and no one wants to be part of the EU. The EU destroyed our economy thanks to Goldman Sucks!
While that FP of 135.71 on the SPY is still out there un-hit from earlier this week, the odds now favor a move down on Monday based on them hitting the FP from today of 134.32 SPY. That doesn’t mean they won’t reverse it and go back up into the Wednesday FOMC meeting to hit the 135.71 print, as anything is possible. I can only say that odds favor morning selling this coming Monday.
I think it’s an old video from last year, but the message is still valid.