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That's interesting because after this week, my own system stands a good chance of going bullish.Mr. BachNut wrote:It may be this simple:
There is a multi-month rising bottoms trend line from the November low that is providing support.
There is a multi-week declining tops trend line from the August high that should present resistance.
They'll be pinching the index next week and mash the following week.
Al_Dente, for your eyes onlyAl_Dente wrote:Hi Uempel:
Here’s my “Lazy Man’s Bullish Percent” chart update
The only thing turning up here is SPY
These will all start climbing up if/when the bulls take over the world again…
Honestly I wish u would post here instead of pm
luv u
I doubt it new horror videos on cnn,international community behind strikesquientuves wrote:Obame can't find support in Congress to attack Syria and now:
High-Level U.S. Intelligence Officers: Syrian Government Didn’t Launch Chemical Weapons
http://www.zerohedge.com/contributed/20 ... -chemical-
Big up on Monday?
This chart by Al_Dente tells the whole story, no need to look much further: market is slowly deteriorating and SPX is trying to save itself (presumably by pushing up a few large caps or by pushing up the etf SPY, I have not yet looked into the precise numbers)Al_Dente wrote:Hi Uempel:
Here’s my “Lazy Man’s Bullish Percent” chart update
The only thing turning up here is SPY
These will all start climbing up if/when the bulls take over the world again…
Honestly I wish u would post here instead of pm
luv u
The low TRIN reading over several days is consistent with that view.uempel wrote:This chart by Al_Dente tells the whole story, no need to look much further: market is slowly deteriorating and SPX is trying to save itself (presumably by pushing up a few large caps or by pushing up the etf SPY, I have not yet looked into the precise numbers)Al_Dente wrote:Hi Uempel:
Here’s my “Lazy Man’s Bullish Percent” chart update
The only thing turning up here is SPY
These will all start climbing up if/when the bulls take over the world again…
Honestly I wish u would post here instead of pm
luv u
I am not sure Mr. Market will wait to show his cards. I would be prepared for clarity next week.DellGriffith wrote:That's interesting because after this week, my own system stands a good chance of going bullish.Mr. BachNut wrote:It may be this simple:
There is a multi-month rising bottoms trend line from the November low that is providing support.
There is a multi-week declining tops trend line from the August high that should present resistance.
They'll be pinching the index next week and mash the following week.
Maybe both of us are pointing at the week after next as the critical point.
It does seem as though there is some hidden strategic imperative motivating this thing at this point in history.jack black wrote:I think the attack will happen regardless. Gas attack is just an official explanation.
IMHO, there are only 2 good reasons for USA to start a war:
A. Saudis gave an ultimatum: go in or they stop oil export.
B. Israelis have proof that Iranians have a nuke and they have to be attacked while they are distracted by Syrian involvement.
Not sure which. Scenario A would be good news, I guess.