Sometimes, No Words Need Be Spoken Intra-Day 1/22/19

SPCFD:SPX   S&P 500 Index
785 10
I drew a chart over the holiday weekend,in my last post on
revealing what I viewed as a" Dome Top Reversal "in the making in the S+P 500,
and also suggested that there was a fool factor of 9, built into the chart.

I have left the chart alone, simply reproduced it as I drew it yesterday
so you can see what happened today in the S+P 500.

Sometimes,. no words need be spoken.

SPX Last 2630.42

1/22/19 130 PM


+1 Reply
LoLBeach judejames
@judejames, fool factor of 9 ... yeap.
some words would be appreciated :S
Keep up the good work!!
at this point I am a bit confused.. what is going on Unwind ?
Some of your followers were looking for a catalyst that will propel this market to the downside. What if that catalyst could be the administration manipulation we witnessed yesterday. I believe that the administration’s attempts to impact the market to the upside may spawn some unintended consequences. By interrupting the market’s natural ebb and flow they could be compressing pent up energy. Sooner or later they will fail to control it at which point the market could explode to the downside much like it did on December 21st and 24th when it took out the Feb. lows.
Just an observation by a newbie.
LoLBeach golfnut1951
@golfnut1951, this is exactly what seems to happen... and we are licking close a weekly resistance... creating a second Daily top which will break down the entire system... very very strange.
judejames golfnut1951
@golfnut1951, nopes, they will cheat and they have cheated in december when they intervened to stop sell orders and let buy orders go thru cboe/cme or watever the sheet it is.
judejames judejames
@judejames, surprisingly we also had a shutdown of exchange, which never ever happened in history...ya they can make all kinda history in manipulation.
a great teacher ... thank you.
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