Planet Earth's ultimate Short side game began Nov 2021

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DOW at 6000. Here is comes, all because Trump is going to be Prez.

Neil Gorsuch probably didn't sleep for days after that handshake

 

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Worst performer in the bear rally?

Behold the culprit, the one who always tells the truth no matter how much the other Indexes bs us

His name is

NEW YORK STOCK EXCHANGE COMPOSITE ...... it is from this magnificent creature that the

Advance-Decline Line is derived and then when Cumulated gives yours truly a taste of Paradise


Look at the dramatic non-confirmation of the A/D Line with SOX top on Jan 3rd this year.

S T U P E N D O U S

NYA ........... RSI not showing up in pic but pls take the trouble to note the divergence at right edge. Super important

NYA is the backbone. Who else is the backbone? The guy with so many lines on his face he scares the daylights out of nuns. His name is Keith Richards.

 

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Tuesday, Aug 9, 2022

QQQ STOP for full shabang at 322.24

 

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Qs 5-min. chart update ........... Q seems to continue to respect my levels, look at teh bounce off 100%

 

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Market action for today's daily charts across the board for Indexes

Topping tails all over the place.

Topping tails gave us at least some EDGE. We appreciate any gifts the market gives us. EDGES are special gifts.

 

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Keep eye on SPX 5-min. .......... at my monthly 14.6%. Take this out and she will speed up

Just my 2 cents

 

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Another girl from Zimbabwe told me to play the California college radio song that has stood the test of time in the radio hemisphere in the United States as the longest standing #1 hit song that started every Saturday's world beat extravaganza for 12 years straight, no 2nd place contender - there are 3 versions of this song, the pure Swahili one is my abs fav.

Covid sure has put a damper on things. Wanted Ladysmith Black Mombazo to come to Santa Monica, CA again.

Paul Simon sure as heck appreciates Zimbabwe as much as I do, perhaps even more.

Watch the part when the black female dancers show up on stage. The fellas are the original Ladysmith Black Mombazo

 

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Bear rally observations with a what if .............

what if Dow Jones needs one more top to really hit the 200-day ema? I say this because from the rally bottom on 1H I only count 8 subwaves but there should be 9. One more thrust toward the 200-day ema will take care of that if indeed that is what is required.

Play by ear, keeping in mind that the bend in the trend is a treacherous zone

 

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Tuesday, Aug 9, 2022

QQQ STOP for full shabang at 322.24

STOP now at 318.32 for the full shabang

 

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I continue to smell something fishy in that Dow Jones is not responding to short side. Odds are it has not finished its BEAR rally. Possibly one more higher high.