Market Report 4/11/16/ stop 17216, CG(4670),11/20/15,
DJI Futures -6, market was up triple digits then closed at the low. Stochastics mixed, 6 out of 9 stochastics down, plenty of support below at 17116,16870 for Yellen to resume her dancing lesson to all Trump infidels.
On the DJI monthly chart the market is making the beginning of a new down leg to 15,351 and 12,081, which is bellow the 50% re-tracement point of 12,425, i.e a nasty bear market, a drop below 17430 will complete top, market losing momentum. The market will re-try to breach the top formation of the upper corner of the declining tops triangle resistance bounded above by the 17603 and below by 17,550,16,975, 15,946,15,370,and 12081 mean support bands. Watch for DJI breaking support and gold breaking over 1282 after correcting to lower 1100. Obama spent time thanking Trump,Cruz &Co for helping the Dem's with their blooming campaign, assuring the public that he will not interfere in the FBI investigation of the criminally burdened Hillary, and will be fair and impartial, just as the Holy Inquisition was impartial to anyone who got caught watching Beth Midler's movies six hundred years ago. Not surprisingly, the CFR controlled press suddenly reduced the number of FBI agents investigating the email scandal from 147 to about 50. Now that what you can call fairness in motion, Obama style. The very sneaky Paul "I was Romney right testicle" Ryan was supposedly meeting with anti-Trump conspirators and donors in New York on the materialization of his boyhood dream to be a US President, just as irreversibly retarded John "Pothole" Kasich with his 146 delegates. Glen Beck managed to wake up and tell the world that refusal to give the nomination to the candidate with most votes will be the end of the GOP. The GOP is done and gone, Beck, it was done when Romney was on your show years ago, and your followers where singing patriotic songs in church gatherings in support of a man who went into the MidWest and bought Americans companies for pennies on the dollars during the Kasich/Lehman Bros crash, then threw everyone out without a pension or benefits and pocketed the profit.
In these uncertain times when evil is clearly on the prowl, please check "Ziban Must Die" for a chilling view of the non-linear events ahead. Gold /GC up to 1257 on USD/CHF weakness, 7 out of 9 stochastics down, losing again relative strength, a break below 1220 will lead to test of 1138-1175 area, resistance 1352, support 1173, long term support at 1045. USD/CHF down to 0.9540 and keeps going down until after the election..., a break below 0.9432 will lead to a drop at 0.7, a crash, USD/CHF in long term decline, a bear market rally last four months now topping out, 8 out of 9 stochastics up, including monthly. Watch the stop at 17,216........Disclaimer: Investing in the stock market involves risk of loss. The market commentary provided by bibi1581.blogspot.com is for entertainment purpose only, and it is not to be construed as suggestion or investment advice to buy or sell securities. Always consult a registered investment professional or broker before committing money to any stock or option instrument. Bibi1581.blogspot.com is not responsible for any direct or consequential losses incurred in violation of this disclaimer. Read all SEC rules and regulations before making investment decisions.
On the DJI monthly chart the market is making the beginning of a new down leg to 15,351 and 12,081, which is bellow the 50% re-tracement point of 12,425, i.e a nasty bear market, a drop below 17430 will complete top, market losing momentum. The market will re-try to breach the top formation of the upper corner of the declining tops triangle resistance bounded above by the 17603 and below by 17,550,16,975, 15,946,15,370,and 12081 mean support bands. Watch for DJI breaking support and gold breaking over 1282 after correcting to lower 1100. Obama spent time thanking Trump,Cruz &Co for helping the Dem's with their blooming campaign, assuring the public that he will not interfere in the FBI investigation of the criminally burdened Hillary, and will be fair and impartial, just as the Holy Inquisition was impartial to anyone who got caught watching Beth Midler's movies six hundred years ago. Not surprisingly, the CFR controlled press suddenly reduced the number of FBI agents investigating the email scandal from 147 to about 50. Now that what you can call fairness in motion, Obama style. The very sneaky Paul "I was Romney right testicle" Ryan was supposedly meeting with anti-Trump conspirators and donors in New York on the materialization of his boyhood dream to be a US President, just as irreversibly retarded John "Pothole" Kasich with his 146 delegates. Glen Beck managed to wake up and tell the world that refusal to give the nomination to the candidate with most votes will be the end of the GOP. The GOP is done and gone, Beck, it was done when Romney was on your show years ago, and your followers where singing patriotic songs in church gatherings in support of a man who went into the MidWest and bought Americans companies for pennies on the dollars during the Kasich/Lehman Bros crash, then threw everyone out without a pension or benefits and pocketed the profit.
In these uncertain times when evil is clearly on the prowl, please check "Ziban Must Die" for a chilling view of the non-linear events ahead. Gold /GC up to 1257 on USD/CHF weakness, 7 out of 9 stochastics down, losing again relative strength, a break below 1220 will lead to test of 1138-1175 area, resistance 1352, support 1173, long term support at 1045. USD/CHF down to 0.9540 and keeps going down until after the election..., a break below 0.9432 will lead to a drop at 0.7, a crash, USD/CHF in long term decline, a bear market rally last four months now topping out, 8 out of 9 stochastics up, including monthly. Watch the stop at 17,216........Disclaimer: Investing in the stock market involves risk of loss. The market commentary provided by bibi1581.blogspot.com is for entertainment purpose only, and it is not to be construed as suggestion or investment advice to buy or sell securities. Always consult a registered investment professional or broker before committing money to any stock or option instrument. Bibi1581.blogspot.com is not responsible for any direct or consequential losses incurred in violation of this disclaimer. Read all SEC rules and regulations before making investment decisions.
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