Here’s a video covering the current state of affairs.
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Here’s a video covering the current state of affairs.
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Summary of all of the websites that I reviewed over the weekend calls
for more upside/bounce into the S&P 1155 to 1170 area over the next few
days, and then we go down. The only one who is calling for a major
capitulation on Monday is Art Cashin from UBS Warburg-CNBC commentator
and then followed by a strong turn around Tuesday. Me, I am flat going
into Monday morning with a small position in ZSL – short Silver.
Wow
Jason you make a great case to be bearish. You really hit the nail on the head when you talk about the biggest up days occurring in downtrends. I tend to be more bullish than bearish that said I cannot argue with history with regard to the biggest up days in down trends. Just look at some of the bounce days in 2001!
Thanks Jason …will wait for a spike the short the Spy….def with an eye on Dr Copper !
if you can ride both directions of the markets that’s good, not easy to do, but profitable.
everything is happening just like Ive posted and commodities are getting hammered including gold and silver, no one wants to hear that who owns either, but that’s the way the markets work. my daily indicator has bottomed but my weekly shows more downside to come.
Jsson, just wanted to say KUDOS !!!
And Thank You once again for all your efforts.
Kez
Thanks Kezha…good to hear from you.
Hi Jason, I am a scalper and mildly concerned with long term market trends but when I do look up to see which way the wind is blowing, this is the only daily report i subscribe to. Thank you for sharing your perspective.