The Poop And the Pony

MY DOUBLE TOP, AND DOUBLE BOTTOM TRADE PLAN AND THESIS.

If oil can break 135 this week off to the races.. But even if it does.... We may still see it try and "double top" in oil.

So, day traders for 2 months have sold banks in the morning. They will sell this morning on the UNCLE BEN testimony. All Eyes on oil and the EIA report that I can never understand.

My Thesis is a Relative "double bottom" on a Daily bais.

If oil doesn't break, then next monday we will retest 120 on the SPY and "double Top" oil next Monday. Successful retest next Monday... and we will have a "double bottom" on a Weekly basis.
Next week Oil breaks, OFF TO THE RACES for a month... Then... sometime October, September.... we will come back and Retest this level.... and we will have a double bottom on a monthly basis. .... Also... the market will give up... we will have 'FULL CAPITULATION BY BULLS AND BEARS'

Well, we can add this to my long list of things that 'I've been wrong about'.... and we will see!!!!

I'VE SEEN THE POOP....... WHERE IS MY PONY!!!!!!