Even though we have hit our first target to the down side after the top called on last post, green level ( thick line) is entirely possible before the final leg down .
I think this can go either way from here. I'm seeing smart money buy VIX calls. What they may do is crash this thing first, run it back up to a new high and state 'mission accomplished'. Maybe I'm focusing too much on game theory, but if we don't get above yesterday's high(and hold) i'm going to think this is more of a possibility. Good luck, I don't disagree with the green arrows on anything other than timing. I'd prefer it if they were right, this is dragging along so slowly.
I'm more upset about the state of my country. It's all in the hands of banks and politicians, and soon enough we'll all feel the pain.
I think this can go either way from here. I'm seeing smart money buy VIX calls. What they may do is crash this thing first, run it back up to a new high and state 'mission accomplished'. Maybe I'm focusing too much on game theory, but if we don't get above yesterday's high(and hold) i'm going to think this is more of a possibility. Good luck, I don't disagree with the green arrows on anything other than timing. I'd prefer it if they were right, this is dragging along so slowly.
ReplyDeleteI'm more upset about the state of my country. It's all in the hands of banks and politicians, and soon enough we'll all feel the pain.
Go green arrows!
Up up up, but ONLY for the moment J
ReplyDeleteDon’t get in love with longs IMO.
yep, same story here in Europe, and in most other places I am afraid. ...
ReplyDeleteI agree the main clues so as to where will they go rely on "timing" which is so damn difficult to master BTW.
GL
Yep, I know the rally is coming but I don't know what level it is from. I was expecting 1312 area to contain this.
ReplyDelete