Decides to go lower, just when I am not there and the Market has hit the low
exactly at fourth ILAP on hourly (780.50) and the fifth is 770.78
Sorry being late, was driving entire day to be at the open , but could not make it
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786.5 785.23 783.21 780.71 esmini
790.50 791.76 793.78 796.28
30.26 30.18 30.051 29.89 qqqq
30.52 30.60 30.73 30.88
786.61 783.18 777.67 770.87 $spx
797.49 800.92 806.43 813.23
32 comments:
We are currently in the st up.
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I hope everybod remembers that these days are not charged to subscribers
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I do not know the MDS status, because I could not update the necessary files.
SO, on that part we are now flying blind.
I can not say if potentially status have changed on MDS, because it is hard to guess, but some probabilty exists that one of the signals may have changed.
Would not be able to confirm that until Thursay.
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Market has STED down Again
Emini will ST down at 779.25
Regardless, of all system status
we have inclined to be , at least,
temporarily bearish, towards the next turn date and hopefully we got today big enough move to start the ball rolling, an immediate follow through or lack thereoff will tell us a lot of the character of this decline. I am of the opinion that there will be, at least, a temporary rebound to the recent highs if not even new highs within next few weeks. When will depend on what currencies are/willbe doing.
So, Let us follow them. What happened so far is within the realms of expected. We shall observe what happens tomorrow
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Today's Bottom, in EMINI was just abouve the daily channels top side. That is interesting, because if we break this then the lowr side of the daily channel can carry this market towards the mid 740's .
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Hi Boris, just watching. I have been watching the down channel since october and we have not broken up and out of that channel as of yet and if we don't we could see new lows in the next few weeks or by the next turn date. Just thought you would like to know what I am watching also. waldo
Hope you are having a good trip. waldo.
Dear Boris
You are unbelievalbe. even you are in a trip ypu cannot get lose from this sick market.
send my best wishes to your wife and doughters that need to live with it :-)
love you dear boris
Sharon
Boris.
relax , nothing is that serious.
old john
Dear Waldo,
Thanks for your inputs.
Thanks for your good wishes.
We are doing fine
I tend to agree what you said, but would need one more, really bad day to confirm that this is going on.
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Dear Sharon,
Thanks for your good wishes.
My Family knows, that after their heahtl, my subscribers come first. THat is the way , I feel.
I felt extremely uncomfortable, not being there on the morning market fell, but could not help it. The long trip has prevented me from getting there in time.
Dear Sharon all the best to you and family as well
Yes, we all live for family, but the commitment to people that chose to depend , at least partially on us, must be capt at all costs.
Dear John,
Thanks My Dear Friend.
Say Hello to your loved one as well.
Yes, I will try to relax, If I can(:-
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I have provided a preliminary update from the market pressure point of vew and that can be found at the
ANTISOPITALIST.net
Please register , if you are not, cause that area will provide free access to subscriber area for next couple days ( till Thursday) and those that have registered may have more of these kind of days extended to them.
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Market has, so far, rejected few times at the First IHAP and if it goes over that it could run.
Staying below may cause another day of decline
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Market is now in ST down, but can easily shift int ST UP at 793.5
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The Way The Currencies are pointing, Stocks Market has a chance to get even stronger. Need to watch the ST moves to catch true trend, but , I am inclined to think that Market may have undergone most of the damage expected at this stage
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Markets are moving lower at the open, there is support around here at 790. We shall see if market holds it
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Initially Market looked like it will support at 790, but it was not able to and the ST down has occured at 790.50
We will have ESmini
SPX and QQQQ Attraction Points ILAPS and IHAPS for 5 minutes.
789.50 is now where market can shift into the ST UP
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Dear Subscribers, Readers,
I will be with you most of the time today, but around 2-3 hours from now, I will be getting ready to go the wedding of the wedding of the remote family.
Should be good(:-
Meanwhile market is in the indecision period here, but in ST UP so far
Dear Boris,
Good morning.
Glad to hear that the travels are going well.
I hope that the wedding is a wonderful event.
Good living.
Bert
market hits the ST UP continuation at 791.50.
ST down is long way down at 788
Dear Bert, Wedding is always good, especially in the parts of the world where the naturaly birth rate has been going down for a long time.
Good To hear From you
Good Trading Dear Bert
So Far, Our hunch has proven correct ( that Market wants to follow currencies and wants to go higher). But It was solitly anchored by the short term moves that shown the way.
That is the way it is. Our Hunches( yes, including mine), mean nothing if the market does not validate them(:- !
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Dear Boris and family,
I hope your family had a spectacular time at the wedding. Please take this time to enjoy your family and your happiness. The market will always be there and we will make sure nothing happens until your return :-P . Take care dear friend,
Michael
Dear Mike,
We had a wonderful time.
Absloutely wonderful time.
Best Singer of Russia today.
Best singer of Gerorgia and
Lot of good talents were leading a specatcular wedding of couple of very respected Gerorgian and Russian Family weddings.
It was pretty much international experience with RUSSUAN/GEORGIAN/JEWISH flavor.
Oh well, back to work(:-
I am glad you(:- let markets do nothing while I was gone.
In fact that kind of consolidation day was needed if there is a transition to another bullish move in Stocks and currencies. This inside day broken one way or the other will , most likely decide the direction of the market.
I am still bullish biased, but will follow the Breakout Direction With ST method.
Remember, we do not tell the market what to do. We let the marke speak to us and at this time there is some confusion. Patters and other things tell us we are in the buy zone and short term trend and Perhaps PCratio are indicating other way. Market never perfectly gets algned like it was at 666, when everything seems to have come to perfect harmony for explosive move up.
Well. That is what makes me tell that "I only know and trust markets at very few infliction points , at all ohters I have to let the tools lead me, rather me lead tools at infliction points(:-
Good Trading My Dear Friend Mike
Boris,
Only one question-
Did you dance at the wedding?
old john
Dear John,
Of course I did do a BEAR dance(:-
As Usual.
My wife had to save me, she always has(d) better steps(:-
Then again, I have always relied on her leadership in that department(:-
Good Morning Dear John
Good Trading all Subscribers and Readers
I could be most of todays Market session on the airplane. Please see the update at the
ANTISOPITALIST.net
May or may not be able to update the ILAPS for 5 minutes, but we shall see.
Good Trading Dear Subscribers, Readers.
I shall be to the regular schedule tomorrow.
Please note that just before the open the market has the hourly channel bent down and trend is lower.
If the market can make new highs of the day above 791 before the mid to end of the trading day then it can shift the channel up and that would be a good news.
Remember, market my just as well go lower here as the PCRatio, I presume, is no more bulls Friend.
If so we could 740's or even 730's
So, do not take this lightly.
There are enough conflicts here for me to even lower my bullish bias to 60% only
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