in a few timeframes... we are setup for a sell on the SMI... also some nice divergences on the MACD.... It would be interesting to see a nice dome top today through 11am, and then a sell off.
That would evade this 875... Whatever......give me a nice wave 5 of wave 5... etc....
I'm not a big fan of EWT, or of this Horizontal Trading Shit....
they are very excited this morning...
I'm just.... the white arrows point to possible slightly higher highs..
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
Thursday, April 30, 2009
chart
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