claydoctor
Short

SPY spinning top candles monthly...market reversals

AMEX:SPY   SPDR S&P 500
50 0 3
Spiinning top, with a following red candle on monthly. And these "wicks" are wicked this time, indicating high volatility , and intense change of direction, and INDECISION. Its been a nice 2100 days or so, BUT THE PARTY IS OVER, TIME TO BLOW OUT THE CANDLE. Note the MACD crossover , the room above the 2007 MACD top (overextended) , and the Williams location relative to 2007. "They" have done just about everything they could top avoid this, to avoid the reset, and the simple laws of supply and demand to rule the economy. When you manipulate the laws of economics for the sake of political ideals, and to avoid the pain that comes with poor judgement and greed, it makes the judgement day that much more severe and painful. On August 1, 2014, I was heavy into research and charting for the USDJPY             to top and reverse, resetting everything then. But we did not, still conflicted as to why. But here we are now. This ECB meeting is so huge words cannot express, then Greece election, Germany's real response, and the next FOMC, and if FXCM             recovers (bail out)... talk about a week that may go down in history, yikes! Already in VXX             and NUGT             , its time to take 2014 profits and double up, putting the grocery money in my pockets first though. These are wild times. Anything is possible.
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