RE:RE:RE:RE:[The Fix is in]The Daily S&P MACD is at or near the trendline that started from Mar21 (the peak of the trendline)...and if this trend continues..then you can continue the line down below 0 as time move forward...dont know when the trend reverses...but considering the USA is insolvent etc...well who knows...
boss_waz wrote: Although...on the daily (1 month) chart for S&P...there is sign of an inverted head and shoulder...which means an explotion upwards...however the big tooth decay dental pattern will resume once this is done...in my opinion ...
boss_waz wrote: Its an expression to try and describe what I see...S&P charts...MACD reaching highs, turning (rolling) and heading downward...on 5, 10, 15min etc...all of them...
The 1 year is in a 'Dental' pattern (my name for it..as it looks like the roots of a big tooth.)...the big 'W' (by other name) only there is DECAY at the GUMLINE and it could abcess and poison the host...unless emergency root canal (QE) comes in and a CROWN is applied...but the CROWN (UK) has just jumped ship...so its not looking good...
Im thinking of writing a book....
Eric1212 wrote: boss_waz wrote: S&P rolling over...1.35m hvu shares traded...and its at the low of the day....
This will either implode...or explode...shortly....
I'm not sure of what you mean by rolling over, could you give somes more details ?
Thanks,
Eric1212