Sentiment

I'm hoping to run some charts... and maybe I'll share... The end of the day action, did get a little distribution going... Not enough.. and it looks more like resistance than distribution, by my chart astrology.

I still stick with my "TA is bullshit Call" as every idiot can tell you where we have been, and make the assumption that will will keep going. That is the stupidest bit of hedging in the world... as opposed to mine .... Where every day I say... Maybe up... maybe down.... LOL.

I'll stick with my thesis that we still need a nice 1.5-3 days slow sell off... 1410 was a good place to start it...

Though I'll also stick with my thesis that the NFP means NOTHING. NEGATIVE 200K jobs are Cooked into expectations in the market. Sure if it's larger than expected, the usual suspects will create a short term pull back, based on the news. Sure maybe it will be the catalyst for my pull back....

I think this turn is going to be So slow and so obvious... as the market just Muddles for a few days.... Then we will start selling off... The days of 2 hour market reversals are over.

My suspicion is maybe 1415 as a top.... maybe higher.