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jimkane
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Posts: 33,089
I'll start it off again this week, early. I'm going to make a few posts regarding sentiment and other such things as I feel we are getting close. It's either already done, or it has to have that final, insane, suck every last one in blow off move. I'd hate to think that move carries all the way to 2000, but it may.

Many are watching the 1750-75 area and areas near that, so I think the odds of that being it are very slim (you never know, though, especially if they say that area will only check it back a little, or not at all, and then they post higher levels, which is what I suspect they will do...).

I wish it could be here, but I just don't see it. Also keep in kind, the debt ceiling is coming up again this fall, so maybe that's the phony catalyst. I just don't know. Anyway, some sentiment to ponder coming up.

http://slopeofhope.com/2013/07/runaway-russell-epiphany.html
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jimkane
Rep: 3,058
Posts: 33,089
BTW, that high it to my higher timeframe SL to the tick.
JI
jimkane
Rep: 3,058
Posts: 33,089
Oops, I stand corrected, that higher timeframe SL going back a month, it was one tick away once I dropped down and blew the chart way up. Darn, the techniques must be starting to slip...
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jimkane
Rep: 3,058
Posts: 33,089
Wait, maybe once it reopens it will stretch that extra tick to kiss that line.
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jimkane
Rep: 3,058
Posts: 33,089
Just a simple little article I think is worth reading.

http://www.zerohedge.com/news/2013-07-19/everything-fine
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jimkane
Rep: 3,058
Posts: 33,089
This should get the weekend started off on a good note...

http://www.zerohedge.com/news/2013-07-19/friday-fiction-or-fact-funny-drunk-ben-bernanke-speaks