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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.

Sunday, May 8, 2011

extremely bearish T3 needs a gap up (again) higher market on Monday May 9

it's good and essential for market to gap up (not down) and run higher on Monday May 9 for the coming extremely bearish T3 to roll out. the red expanding triangle channel is wide open and ready to roll.
following Sunday night's futures gap up is the exact same pattern for T3.
critical breadth indicators are having class A most strong bearish divergences and trending down from TL.
details presented in the private members weekend comprehensive report.

PS. last Sunday night's OBL huge gap up was exact micro code blue and played as expected, as presented to private members a week ago.