Since the Bradley date is the 11th and we are NOT selling off at allwe might suspect a high is building as yu can see on Columbia's graphs which update every few minutes-just hit your refresh.Today's SPIKE up looks like a 3rd wave within a topping processMonday gives a read indicating a good money day, and might actually find the Bradley highoccurring thereThe only thing I can say with more surety is that the time period from the 20th to 24th, and 29th to oct4th hold promise for the bearsUntil then we appear STUCK in the bull penJay
hope all is well. still feeding the Bull? yes jay, some negative divergences, due for a pullback in the near future.take care
Should continue to chop aroundat the 1100 level or above till the 20th, then ALL hell breaks loseToday & tomrrow just might flipit happened like that on the 26th last monthJay
S&P 500 Hour chart
"For the latest reporting week, nine states didn’t file claims data to the Labor Department in Washington because of the Labor Day holiday earlier this week, a department official told reporters. California and Virginia estimated their figures and the U.S. government estimated the other seven." sure - that is our BULL market report. Billions of dollars is changing hands on wall St, because 7 states and uncle sam, guessed at the numbers.
looks like a bearish set up for next week if you ask me (opex) and after that pull back the bears are probably going to feed the bull and rally this thing over 1130. if you stop feeding the bull then the market will be ready to tank...you decide
"and after that pull back the bears are probably going to feed the bull and rally this thing over 1130.if you stop feeding the bull then the market will be ready to tank...you decide"Sorry, you lost me. Could you translate that to plain English?
S&P 500 EOD analysis: LINK HERE
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