IF there is to be any Retracement Monday:
1. It will be short-lived and contained between the 238 - 315 Levels.
2. We have not seen a 34/55 SMA Cross - one ore day to Selling, these
important SMAs will indeed Cross.
3. IF Volumes Remain Flat, the Potential builds into Tuesday as
Institutional Participation engages the SELL continuation.
4. The SCOPE / SCALE / VELOCITY are at Extremes, indicating there
is a desire to Sell further.
5. Leverage remains @ Historic Highs with Breadth seeing losers Sold
1st. A usual event as yea end tax Loss selling certainly contributes.
Where it becomes dangerous is when Saving is in decline as is Personal
Income and demand for Revolving Credit are increasing. Check all 3 boxes.
6. The Federal Government has a 44% Shortfall in Finding. Forcing a SELL of winners
creates a TAx Revenues as the Bond Market's buyer of last resort is chock full
of Nuts. The Fed would enjoy handing off a Boated Balance Sheet to the
007 Sheep and Money Managers in Panic mode.
7. A move from "Fear" to "Panic" is abrupt. It happens in mere Seconds now and
has the desired effect - a cascade where Bids are pulled until the desired Levels
are achieved.
_______________________________________________________________________
Sunday night open into Monday - we may witness a Larger Sell if the above conditions
are met by 10 AM EST Monday. Europe could kick it off just as easily given the DAX
performance last week.
The China A50 bears watching at 15000 as for the HANG SENG and NIKKEI 225.
________________________________________________________________________
Flash Crashes... this is THE Environment for another one.
We shall see.
1. It will be short-lived and contained between the 238 - 315 Levels.
2. We have not seen a 34/55 SMA Cross - one ore day to Selling, these
important SMAs will indeed Cross.
3. IF Volumes Remain Flat, the Potential builds into Tuesday as
Institutional Participation engages the SELL continuation.
4. The SCOPE / SCALE / VELOCITY are at Extremes, indicating there
is a desire to Sell further.
5. Leverage remains @ Historic Highs with Breadth seeing losers Sold
1st. A usual event as yea end tax Loss selling certainly contributes.
Where it becomes dangerous is when Saving is in decline as is Personal
Income and demand for Revolving Credit are increasing. Check all 3 boxes.
6. The Federal Government has a 44% Shortfall in Finding. Forcing a SELL of winners
creates a TAx Revenues as the Bond Market's buyer of last resort is chock full
of Nuts. The Fed would enjoy handing off a Boated Balance Sheet to the
007 Sheep and Money Managers in Panic mode.
7. A move from "Fear" to "Panic" is abrupt. It happens in mere Seconds now and
has the desired effect - a cascade where Bids are pulled until the desired Levels
are achieved.
_______________________________________________________________________
Sunday night open into Monday - we may witness a Larger Sell if the above conditions
are met by 10 AM EST Monday. Europe could kick it off just as easily given the DAX
performance last week.
The China A50 bears watching at 15000 as for the HANG SENG and NIKKEI 225.
________________________________________________________________________
Flash Crashes... this is THE Environment for another one.
We shall see.