E-Mini SP 500

[Xymox]

I'm gona shelve downside target for post FOMC, till then will look for entries. That bottom trendline around 53, will be my next long.

 

[Xymox]

my gut is telling me it doesn't feel like an up day, it might open strong, but the sellside volume should dwindle gains down as the session progresses. Indian capital flow restrictions, should weigh in on Asian markets tonight.

this is the drawback of living in the northeast USA, even though you will have a sense or feel for what the financial district is experiencing in terms of climate, it can also alter your expectations. The expectations have to confirm with price action. If they don't then your expectations are wrong and are being unduly influenced by the climate.

 

[Xymox]

trendie touched.

 

[Xymox]

goal was to exit out of shorts, and reverse long at support. You can only work with what the market will give you.

 

[Xymox]

notice how the markets work.

 

[Xymox]

the rest of the price action from now till FOMC will be just stop runs, with a upward bias to the gaps, this flushes out volume and retail noise stops, to fill coffers for FOMC.

 

[Xymox]

long DJZ07 @ 14040

 

[Xymox]

FED's goal is to reignite a equity bubble, to take pressure off consumer, and create artificial wealth. This eases pressure from energy outlays, and housing equity loss.

 

[Xymox]

long DJZ07 @ 14040

I expect to see magic number of 14444

 

[Xymox]

trend upward...zoom zoom..the indicators are bullish enough that the large money pools, trying to raid bulls to flush out weak longs.

 

[Xymox]

I'm gona shelve downside target for post FOMC, till then will look for entries. That bottom trendline around 53, will be my next long.

woohoo..53

 

[Xymox]

Ma's

 

[Xymox]

will sell 85 and higher around FOMC,...1600.

edit: the question becomes whos going to grab the liquidity for the run first, if your last,...you will end up paying a premium, and this realization, will start hitting mindsets.

 

[Xymox]

MA cross...

 

[Xymox]

markets are interplay of behavioral psychology and capital pools.

 

[Xymox]

schematic. During entrainment process, price action is engineered to give a sense of where the market is going in the short term/intraday versus a longer term timeframe. This entrainment gathers small money pools and large money pools in the direction of the price action, as the shorts build up, rapid harvesting in times of news events or FOMC meetings is undertaken, without giving the entrained people of capital an exit, but an exit only at a significant premium.

 

[Xymox]

stock markets love war, and conflict, Turkey sabre rattling, making things there more interesting. Lets not forget the Russian special forces. 🙂

http://www.globalsecurity.org/wmd/library/news/iran/1996/960816-452798.htm

 

[Xymox]

markets still looking for liquidity...spurts..signifies stops being hit. Next few hours more data, could go lower, but will keep adding into FOMC...timetable.

next add points
43
33
23

expansive add principle. first add point is minimal, and its 100% at every add point, so the 3rd add point will be 3 times the quantity of the first.

53:1
43:2
33:4
23:8
13:16
03:32

ratios

don't try this at home... 🙂

price ladder confirmation

full position at

63
half full 73
half of preceding at 83
another half of previous at 93

till position size limit is hit for equity.

 

[Xymox]

compression breakout. 🙂

 

[Xymox]

43 add triggered, bulls throwing in the towel... woo woo.