The average peaks at noon Thurs, I've seen them put on a scorch in the last
day(s). There are so many bottoms coming up it should be a quick 3-4 day
drop. This is the largest convergence down that has been seen in the 195 min
since the Aug crash. And there is good potential down for daily and weekly mean
reversion, this could pack a wollup.
Then the RUT daily I posted looks like Jan 9-10 before it turns back up.
Fed has been entering a day to two early of ideal where the markets would
bottom naturally, and when they have the potential on a Monday. Their next
potential should be this Jan 9-10 area. They really don't do much when they
don't have a chance, I don't think they have a chance in those first 3-4 days
after the reversal. Depends how high they can get it on Thursday, it looks
like another price failure and false breakout so far.
195 minute getting toppy
Started by
AChartist
, Dec 28 2011 07:28 AM
No replies to this topic
#1
Posted 28 December 2011 - 07:28 AM
"marxism-lennonism-communism always fails and never worked, because I know
some of them, and they don't work" M.Jordan