I've had several recent conversations today with members wondering if this may in fact be the case. Lets take a look at some charts.
Today the SPY breaks below yesterday's close and is red on the day at a loss of .90% thus far.
We have actually been in the midst of the reversal for the last few days if you look at the chart above.
3C on the 15 min chart has been strongly telegraphing a leading negative divergence for a couple of days, from the time we get a 15 min leading divergence to the actual decline, is often within a day or two, but yesterday the market managed to hold together. We know Wall Street sets up the game board in their favor weeks and even months ahead, but is it possible that they have the leaked numbers already? Yes it is, and would they use that to initiate the real depth of the reversal 3C has been predicting to get the maximum bang for their buck? The answer is, "Yes". I and we have seen it many times before with all kinds of reports and economic data".
Here is the indicator I worked on yesterday to give you an idea of the power of a divergence. The first decline was the August Op-Ex week, when on Wednesday I said, "Look for a sharp sell-off over the next two days"-that sell-off came the next day. However, look how 3C had already been telegraphing the weakness to come and how it rounds over around the time of the break from distribution to decline.
The short answer is yes, I think it is very possible that they have leaked numbers or inside information about the jobs report tomorrow. And as we saw with the bounce, even when there was bad news, Wall Street had set their cycle in motion and the market ignored the bad news just to keep rising.
This s how much control and advance knowledge Wall Street has, this s how un-even the playing field really is. Hopefully 3C gave you enough notice to set your portfolio the way you want t for this next cycle.
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