Well, looks like we are gaping down big not up. As I said yesterday, I didn’t know which way they would go with it. But now it’s looking more and more likely that we are going down to that FP of 1267 on the SPX.
New York Stock composite actually (and quietly) made a new low today.
This definitely has an August 2011 feel to it. Big down days followed by hanging man down days followed by even bigger down days that encompass the previous day’s hanging man bar.
Now all we need is for the big 3 indices to get below their 200 day averages which I am guessing will be tomorrow (based on some fractals).
I am surprised to see that futures are down. I thought they at least would hold them up until the jobs report tomorrow.
What a wild day today was… down, up, and down again! They are clearing out both bulls and bears for a strong move in one direction… but which one? They will likely either “gap up and go” tomorrow or “gap down and go”. Which way I don’t know? But a strong move is coming, that’s for sure! I’m going to lean toward a rally as I think the bears have worn out their welcome to this party. But I really just don’t know.
I guess Plummer was preparing for the grand ritual back then since his birthday is in so tune with the times. And they reward him for it in 2012 with an Oscar.
Crude oil weekly chart analysis:
http://niftychartsandpatterns.blogspot.in/2012/06/crude-oil-weekly-chart-analysis.html
Well, looks like we are gaping down big not up. As I said yesterday, I didn’t know which way they would go with it. But now it’s looking more and more likely that we are going down to that FP of 1267 on the SPX.
Funny how they make up all these new rules to trading when the market is in a danger zone and ready to crash…
http://www.tradersmagazine.com/news/sec-volatility-measures-limit-up-limit-down-circuit-breakers-110038-1.html?ET=tradersmagazine:e1482:54026a:&st=email&utm_source=editorial&utm_medium=email&utm_campaign=tm_xtra_053112
New York Stock composite actually (and quietly) made a new low today.
This definitely has an August 2011 feel to it. Big down days followed by hanging man down days followed by even bigger down days that encompass the previous day’s hanging man bar.
Now all we need is for the big 3 indices to get below their 200 day averages which I am guessing will be tomorrow (based on some fractals).
I am surprised to see that futures are down. I thought they at least would hold them up until the jobs report tomorrow.
SPX Analysis after close:
http://niftychartsandpatterns.blogspot.in/2012/06/s-500-analysis-after-closing-bell.html
Well at least it’s a start and maybe these guys can aid in going after the rest =)
Here’s the main list of people we want to see arrested…
http://www.lovethetruth.com/books/13_bloodlines/toc.htm
Not sure how accurate this is but sure would be nice eh…also in the comments section was an update that Bernake was also arrested.http://nesaranews.blogspot.com.au/2012/05/deep-intel-down-rabbit-hole-5-31-12.html
What a wild day today was… down, up, and down again! They are clearing out both bulls and bears for a strong move in one direction… but which one? They will likely either “gap up and go” tomorrow or “gap down and go”. Which way I don’t know? But a strong move is coming, that’s for sure! I’m going to lean toward a rally as I think the bears have worn out their welcome to this party. But I really just don’t know.
I guess Plummer was preparing for the grand ritual back then since his birthday is in so tune with the times. And they reward him for it in 2012 with an Oscar.