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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 678.85-0.3%4:00 PM EST

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From: Fintas11/22/2014 12:12:48 AM
1 Recommendation

Recommended By
toccodolce

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FINTAS DISCLAIMER. IF you think I'm for CHIT.. DO NOT OPEN.

GZ . The above helps those who can't help themselves and have to read my posts and then tell me how full of crap I am or talk to much or whatever they want to complain.

SO I am helping them with their inability to just not open any post I put and thereby avoiding the angst.

So here's the BP NYSE.

What you will notice is as I have presented elsewhere and with the BP SPX.. The day will come as bull are chanting up the SPX would finish up BUT the BP NYSE or BP SPX would begin to see selling. I must be psychic. or I've been working this tool for a long long time.

Now what will be of interest is how deep they take it. for the BP MO.

As you have provided the pattern for the dow is toppy and does want to drop.

Could it reverse on Monday. Unlikely.. Could the dow PUSH up on MONDAY.. Sure.. But once that MO begins turn turn it picks up some steam and causing others to turn.

THE GOOD news for the BULL it does so from a lower BP NYSE.. So maybe not so deep and MAYBE one more shot at 18k.. Yet make no mistake this one is setting up for a deep decline in that MO NYSE and others will follow.

Hope it helps a bit. I realize your work is KEY as it should be.. BUT I used this tool but for bp prec to help support my POG call for I understand it.

Which would include the rallies were saw that I used to say bounce and drive others crazy. That is a bounce that will fail. Well I think we saw plenty of them with POG.

BPNYSE11/21/201452.00053.7611.7Bear CorrectionXSell
PTNYSE11/21/201456.00060.2980.5Bear AlertOBuy
RSXNYSE11/21/201432.00033.9390.0Bear ConfirmedOSell
RSPNYSE11/21/201438.00037.2960.0Bear ConfirmedOSell
NYSEHILO11/20/201480.00077.240-0.1Bull ConfirmedXSell
TWNYSE11/21/201468.00069.1993.2Bull ConfirmedXBuy
30NYSE11/21/201456.00056.1981.4Bull ConfirmedXBuy
MONYSE11/21/201486.00081.644-4.6Bull ConfirmedXBuy
WDNYSE11/21/201416.00017.2454.3N/AXBuy
ADNYSE11/21/201493010.00093043.000333.0Negative (+)X
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