I sounded a cautionary note here the other day because the E-Mini S&Ps had topped precisely at a Hidden Pivot target that had been a long time in coming. Even so, the Nasdaq’s intraday charts suggest the FAANG/lunatic stocks that have driven the index higher have been consolidating for yet another push to new record highs. I’d be surprised if the tension between the Nasdaq and the S&Ps were to be resolved on a Friday, since the day has been the deadest dead spot in a long stretch of dead weeks for several months. It is of course an axiom that if too many others feel this way — i.e., are expecting yet another soporific ending to a week — then we should indeed brace for the unsurprising surprise.
Nasdaq Looks Eager to Drag Stocks Higher
- June 9, 2017, 8:30 am
Rising negative volume at and on highs, allows the ‘lack of buying’ to continue until it ends, Bear Markets start on a lack of buying ‘not’ selling .
During George’s V1 , the Great King Speech history ‘day after’, begin the break-up of the British Empire and its transition into the Commonwealth of Nations accelerated away.
The 240 year Pluto cycle is well in place, and Scotland as well as Ireland will do the same over last nights elections, suggesting ‘the shift’ will be much more than many and most expect over time.
The V shape TOP is towards the larger degree, suggesting a much large Bear Market towards the repeat of history.
History ‘rhymes’, it does not repeat exactly as many thing and suggest. It does so, because the human element never changes.
2000 years ago men crucify men, last month some where in the world the same had taken place.
Man does not change, as to why history will as they suggest ‘repeat’.
Have a great weekend Rick your site is doing well suggesting what the real deal is!
Smoke and mirrors…’fire and water’.