Let’s just say it would be a perfect time to “announce” something on Sunday after whipsawing everyone back out of the market today. Today reminds me of a similar candle on May 31, 2011 or that other day in the quaint 10-13 period of so long ago (no not 707 years ago, that’s the wrong double 7)….
Well another whipsaw, but a third lower high for the SP. $rut and $nasdaq underperformed Dow and SP and Transports basicllay gave back most of their gains. This is similar to another bounce off the lower Bband back in the early mid October period double 7 years ago. $rut, transports still below their previous Parabolic SAR support while a component of a certain little indicator bounced up to near the O line.
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Sunday will be 5-10-15, probably the last time we’ll be able to see a 66 for the year.
Thus running out of time for 12s as well unless one uses the 12 as a 5. Could it be an occultic Pentecost? 35 days following Easter. I was looking for today as a possible one with it being 33 days later but it was missing the 5 for the “pente”cost. Do the Greeks have something planned for Sunday. Still I don’t see it as the denouement date.
I am expecting a pullback on Monday. From there I’m not sure? Charts are bullish now but could go back to bearish if the pullback is strong. So that drop to below 2040 SPX isn’t totally off the table, it’s odds have just been lower a lot now. Best to take it one day at a time now and see what Monday gives us.
If I recall the play for NFP report days is to short the market if it gaps up or go long if it gaps down. The short term charts are aligned bullish so possibly we’ll see a gap up.
Short term charts are very overbought and suggest a pullback soon. Tuesday we could drop some, so bulls should beware.
Let’s just say it would be a perfect time to “announce” something on Sunday after whipsawing everyone back out of the market today. Today reminds me of a similar candle on May 31, 2011 or that other day in the quaint 10-13 period of so long ago (no not 707 years ago, that’s the wrong double 7)….
Well another whipsaw, but a third lower high for the SP. $rut and $nasdaq underperformed Dow and SP and Transports basicllay gave back most of their gains. This is similar to another bounce off the lower Bband back in the early mid October period double 7 years ago. $rut, transports still below their previous Parabolic SAR support while a component of a certain little indicator bounced up to near the O line.
————-
Sunday will be 5-10-15, probably the last time we’ll be able to see a 66 for the year.
Thus running out of time for 12s as well unless one uses the 12 as a 5. Could it be an occultic Pentecost? 35 days following Easter. I was looking for today as a possible one with it being 33 days later but it was missing the 5 for the “pente”cost. Do the Greeks have something planned for Sunday. Still I don’t see it as the denouement date.
I am expecting a pullback on Monday. From there I’m not sure? Charts are bullish now but could go back to bearish if the pullback is strong. So that drop to below 2040 SPX isn’t totally off the table, it’s odds have just been lower a lot now. Best to take it one day at a time now and see what Monday gives us.
Market is very strong here with no signs of weakness. I wouldn’t touch a short right now.
ES Futures Update: http://screencast.com/t/b0ah80CuGAlY
I’d be interested in a short around 2110 on the ES Futures if hit today.
If I recall the play for NFP report days is to short the market if it gaps up or go long if it gaps down. The short term charts are aligned bullish so possibly we’ll see a gap up.
LOL… only a fool would willingly let someone put that in the back of their head.
Globalist transhumanism agenda to be brought front and center? https://pbs.twimg.com/media/CEZ0g3VWEAArps6.jpg