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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.

Thursday, June 28, 2012

FaceBook Volume resistance

PS 1). at $spx 1314.5, as member charts updated earlier, the bottom of the day most likely already reached. following phase 2 of the 5 phases Operation X roadmap.
2). imho, from member updated charts analysis with all-the-same propritary patterns, GLD and SLV might bounce up "substantially" from around here. (SLV $25.34, GLD 150.15).
"GLD and SLV are at a very challenging lower blue trend line support, probably some bounces from here to form sub dome iii."
that was on my earlier update of a propritary pattern that work for all assets.
3). at and before the close, prediction for tomorrow and beyound made to members, all according to the roadmap of Operation X initialted at 1363. so far so good for the Medium term roadmap up and down swings.

i was bullish on FB at 25.5 with wave-C bottom at 161.8% extension, now bearish on FB.
http://humblestudent777.blogspot.com/2012/06/facebook-pattern-and-technicals.html