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WNER taken care of unless of course they want to party hard. Mabye they suck in some folks in the euphoria then tank it……. Well I hope they do.
Lol Mike,
I think there is more of a link to the frequency you change your underpants to the polarity of the sun cycle…lol
A sudden sell off straight from the off would catch a lot of people out and is maybe a plan of The Crooks. It doesn’t need a reason..they do what they like. You could drop a bomb on Washington and they would find a reason to buy spoos. Ie. a war therefore good for arms companies etc.
A few days ago we thought 1770 ish was stretched. Now 1795.
Then again with Melon Yellen making Bernanke look sensible the mustard could go anywhere….
So looks like we are looking to Crookshour for an MS fill or else on WNER Monday…. Unless of course the world does end in which case we are going to Ark’s for a few beers…lol
I reckon that butterfly will perform but may extend a tad further first? Or will it undershoot 1800?
Should at least see 1740 if not lower….
See if systems suggest similar….
Looks butterfly like to me or maybe a “Gartley” lol
Depends how exacting you want to be…..there are precise definitions but often a butterfly with a big wing works too…. :p Noughts ever perfect!
Stockman likes butterflies, wherever he is.
This mustard looks 1790 plus before close.
I think this rise is getting extended, not to say it won’t extend more, but I think the chances of a sharper, deeper correction are increasing.
10% from 1800 is 1620. 20% is 1440. Even 1440 is more than twice the march 2009 low of devil 666. Still with QE Â I am not sure we ever see that low in nominal terms. I would be curious to know what 666 equates to in QE adjusted terms.