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Public blog posts only as education and entertainment. private membership market updates reflect my view and analysis of the market. The information contained on this website and from any communication related to the author’s blog and charts is for information purposes only. The chart analysis and the market comments do not hold out as providing any financial, legal, investment, or other advice. In addition, no suggestion or advice is offered regarding the nature, profitability, suitability, sustainability of any particular trading practice or investment strategy. The materials on this website do not constitute offer or advice and you should not rely on the information here to make or refrain from making any decision or take or refrain from taking any action. It is up to the visitors to make their own decisions, or to consult with a registered professional financial advisor. And i absolutely discourage trading options.

Friday, May 27, 2011

2000

PS. will there be a major earth disaster or man made disaster coming next 1~2 weeks? be careful!
$rut miss a little of the mid red pitch fork resistance and turned down.
TZA ($rut bear fund) back tested the broke out green pitch fork and turning up.
i clearly remember this is the same situation as in early March with the same chart set!
then came the market plunges into Mar 16, and Japanese earthquake.
if true, market could start to plunge next week.

fractal:for the entire week, at noon May 27, bulls spent the whole week, or about 2000 minutes, to filled the big gap down from this Monday, which only took 1 minute.
it took bulls' 1950 times effort to just offset bears' 1 minute effort!



PS. Pelican, yes, it's all computer calculated, including all technicals. i think i sorted out the "bear pressure" from this morning. at this moment, i am bearish going forward.