With a full moon.......(lol, I may keep this joke going).
I suspect this will provide, a confused motion to the market. I suspect the banks will continue to build a base, as Tech and consumer dissapoint(or are just taken behind the woodshed, because the market is bitter)
In pink is the sidways motion... this first move has a few more stages to go(2 to be specific).... Then some upward motion, and another pull back.
Maybe Down futures? morning sell off, and then some buying, followed by maybe a sell off into the close.... that could complete the "correction"
AXE after hours... You know we have seen this before... sell off in the post market, then a strong open.
Financial history doesn't repeat itself, but it often rhymes. You can't be stupid enough to trade off anything I say.... I'm lucky they let me out of the straight-jacket long enough to trade.
J. P. Morgan
Monday, July 21, 2008
Chart astrology
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