2). Markets may exhibit an "Exhaustion Pattern", in which we have sudden thrust to the S&P-500's upper resistance price levels of 1,152.86 and 1,163.2. If the Markets go to the upper band of resistance of 1,163.2, then I expect a decline in the form of "water fall". Because this number has a very strong energy resonance. (click on the charts to enlarge)
Look like it might try
2). Markets may exhibit an "Exhaustion Pattern", in which we have sudden thrust to the S&P-500's upper resistance price levels of 1,152.86 and 1,163.2.
If the Markets go to the upper band of resistance of 1,163.2, then I expect a decline in the form of "water fall". Because this number has a very strong energy resonance. (click on the charts to enlarge)
Intel tops est. up 3% after hours.
Syed,
Do you think that we could see 1,163.20 and then an water fall decline on this type of news?
GLD intending to go short at 113.
I think Syed has nailed that there will be another major down move
Charts look to be turning down on StochRSI and MACD histogram and room to downside with Parabolic SAR for GLD. AEM/NEM/GDX allready weaker.
Thanks Hal Werner, Qualitystocks for your participation
Mr. Syed,
Please contact me at Traders World Magazine.
I would like to do an interview with you in the magazine.
Phone 417-882-9697